IPO Schedule
1
Open
28 Apr
2
Close
30 Apr
3
Allotment
-
4
Listing
6 May
Ather Energy IPO
Issue:₹321
List:₹417.3
CMP:₹714
NSELot: 46Mainboard
LISTEDMAINBOARD
Issue Price₹321
Listing₹417.3
Current₹714
Content
About Ather Energy
Ather Energy is a prominent Indian electric scooter manufacturer, known for its technologically advanced and performance-oriented electric two-wheelers. The company focuses on designing, developing, and manufacturing its own electric vehicles and charging infrastructure.
Subscription Status
QIB
0.00x
NII
0.17x
Retail
0.69x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.76x | 0.00x | 0.00x |
| NII | 0.69x | 0.28x | 0.17x |
| Retail | 1.89x | 1.20x | 0.69x |
| Total | 1.50x | 0.30x | 0.17x |
Risk Factors
•Intense competition from established players and new entrants in the electric vehicle market.
•Dependence on government subsidies and incentives for electric vehicles.
•Supply chain disruptions and availability of key components like batteries.
•High capital expenditure requirements for expansion of manufacturing capacity and charging infrastructure.