Ather Energy Ltd. IPO

Ather Energy IPO is a book-built issue of Rs 2,980.76 crores, consisting of a fresh issue of 8.18 crore shares worth Rs 2,626.00 crores and an offer for sale of 1.11 crore shares aggregating to Rs 354.76 crores. The IPO opens for subscription on April 28, 2025, and closes on April 30, 2025. Allotment is expected on May 2, 2025, with listing on BSE and NSE scheduled for May 6, 2025. The price band is Rs 304 to Rs 321 per share. Retail investors need Rs 14,766 for one lot. sNII and bNII investments start at Rs 2,06,724 and Rs 10,04,088, respectively.

RHP
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DRHP
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Open Date

2025-04-28

Close Date

2025-04-30

Ather Energy Ltd. IPO Details

Check out the issue details for Ather Energy Ltd. IPO as disclosed in SEBI.

Price Band

₹ 304 - 321

Issue Size

2980.76 Cr.

Issue Type

Book Built

Open

2025-04-28

Close

2025-04-30

Company Financials

You can get the following financial statements of Ather Energy Ltd. as of now.

Ather Energy IPO Details

The details about the Ather Energy IPO are as follows:

  • The issue size of the IPO is ?2,980.76 Cr.
  • The price band for Ather Energy IPO is Rs 304 to Rs 321.
  • The shares of Ather Energy IPO will list on BSE and NSE on 6th May 2025.
  • The latest tentative GMP of Ather Energy IPO is Rs 17.
  • The shares of Ather Energy IPO are subscribed _ Times.

 

Ather Energy IPO Valuation

The approx valuation of Ather Energy IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 321
Existing Shares (Qty) 29.06 Cr
Fresh Issue Rs 2,626 Cr
Market Cap Rs 11,954.26 Cr
EPS (FY24) Rs -23
Industry PE 38.5x

 

Ather Energy IPO Issue Size

Ather Energy IPO issue size is Rs 2,980.76 Cr.

Issue Amount
Fresh Issue Rs 2,626 Cr
Offer For Sale Rs 354.76 Cr

 

Ather Energy IPO Market Lot

An individual can apply for a minimum of 1 lot of 46 shares and a maximum of 13 lots of 598 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 46 Rs 14,766
Maximum 13 598 Rs 191,958

 

Ather Energy IPO Share Offer

The shares of Ather Energy IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Minimum 75%
Non-Institutional Maximum 15%
Retail Individual Maximum 10%

 

Ather Energy IPO GMP (Grey Market Premium)

As on GMP (Tentative)
24 April 2025 Rs 17

Ather Energy IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Ather Energy IPO Dates

Find below the dates for Ather Energy IPO

Schedule Date
Basis of Allotment 2 April 2025
Refunds 5 April 2025
Credit to Demat Account 5 April 2025
IPO Listing Date 6 April 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 35.3 79.8 408.9 1780.9 1753.8
Total Expenditure 220 258.9 668.8 2488.5 2438.5
Operating Profit -184.7 -179.1 -259.9 -707.6 -684.7
Other Income 13.5 8.5 4.9 20.9 35.3
Interest 24 27.6 40.7 65 89
Depreciation 24.7 35.1 48.4 112.8 146.7
Exceptional Items 0 0 0 0 -174.6
Profit Before Tax -219.9 -233.3 -344.1 -864.5 -1059.7
Provision for Tax 0 0 0 0 0
Net Profit -219.9 -233.3 -344.1 -864.5 -1059.7
Adjusted EPS (Rs.) -240.82 -255.5 0 -30.24 -37.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 0.28 0.39 0.7 0.6 0.8
Total Reserves 250.1 375.8 224.2 613.1 545.1
Borrowings 131.5 110.8 108.7 120.5 30.9
Other N/C liabilities 10.22 50.5 90.6 223.1 260.3
Current liabilities 126.3 203.81 394.4 1019.5 1076.4
Total Liabilities 518.4 741.3 818.6 1976.8 1913.5
Assets
Net Block 177.7 306.7 334.7 544.5 458.9
Capital WIP 25.6 0.1 0.4 0.9 0
Intangible WIP 78.4 47.1 92.3 36.5 70.6
Investments 0 0 0 0 0
Loans & Advances 44.8 128.9 98.7 86.5 128.3
Other N/C Assets 0 0 0 0.1 26.3
Current Assets 191.9 258.5 292.5 1308.3 1229.4
Total Assets 518.4 741.3 818.6 1976.8 1913.5
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -219.9 -233.3 -344.1 -864.5 -1059.7
Adjustment 50.1 92.3 144.9 370.1 355.9
Changes in Assets & Liabilities -11.7 0.6 -28.5 -375.5 436.3
Tax Paid 0 0 -0.7 -1.4 -0.1
Operating Cash Flow -181.8 -140.4 -228.4 -871.3 -267.6
Investing Cash Flow -122.9 -172.1 49.8 -135 -228.1
Financing Cash Flow 312.6 296.5 230.7 1317.4 633.2
Net Cash Flow 7.9 -16 52.1 311.1 137.5
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