Ather Energy Ipo
Objects of the Issue
Capital expenditure to be incurred by our Company for establishment of an E2W factory in Maharashtra, India;
Repayment/ pre-payment, in full or part, of certain borrowings availed by our Company;
Investment in research and development;
Expenditure towards marketing initiatives; and
General corporate purposes
Ather Energy IPO Review
Canara Bank –
DRChoksey FinServ –
Emkay Global –
Hem Securities –
IDBI Capital –
Marwadi Shares –
Nirmal Bang –
SBICAP Securities –
Sharekhan –
SMC Global –
Sushil Finance –
Swastika Investmart –
Ventura Securities –
Geojit –
Reliance Securities –
Capital Market –
BP Wealth –
ICICIdirect –
Choice Broking –
IPO Lead Managers aka Merchant Bankers
Axis Capital Limited
HSBC Securities and Capital Markets (India) Private Limited
JM Financial Limited
Nomura Financial Advisory and Securities (India) Private Limited
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
IPO Open Date: | April 23, 2025 |
IPO Close Date: | April 25, 2025 |
Basis of Allotment: | April 28, 2025 |
Refunds: | April 29, 2025 |
Credit to Demat Account: | April 29, 2025 |
IPO Listing Date: | April 30, 2025 |
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹413.8 | ₹757.9 | ₹344.6 | ₹818.6 |
2023 | ₹1,801.8 | ₹2,666.3 | ₹863.9 | ₹1,976.8 |
2024 | ₹1,789.1 | ₹2,674.2 | ₹1,062.3 | ₹1,913.5 |
KPI | Values |
ROE: | –1.83% |
ROCE: | -118.68% |
EBITDA Margin: | -36% |
PAT Margin: | -59% |
Debt to equity ratio: | 0.88 |
Earning Per Share (EPS): | –₹47 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | -194% |
Net Asset Value (NAV): | ₹24 |
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Hero MotoCorp Limited | 187 | 30 | 21% | 884 | 37,788.6 Cr. |
Bajaj Auto Limited | 273 | 40 | 29% | 935 | 44,870.4 Cr. |
Ola Electric Mobility Limited | (4) | NA | (78%) | 6 | 5,009.8 Cr. |
TVS Motors Limited | 36 | 78 | 26% | 143 | 39,144.7 Cr. |
Eicher Motors Limited | 146 | 33 | 22% | 657 | 16,535.8 Cr. |
IPO Open Date: | April 23, 2025 |
IPO Close Date: | April 25, 2025 |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] |
Issue Size: | ₹[.] Crores |
Fresh Issue: | Approx ₹3,100 Crores |
Offer for Sale: | Approx 2,20,00,766 Equity Shares |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |