/logo.svgIpoTec


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

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

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 EndedRevenueExpenseProfit After TaxAssets
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

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Hero MotoCorp Limited1873021%88437,788.6 Cr.
Bajaj Auto Limited2734029%93544,870.4 Cr.
Ola Electric Mobility Limited(4)NA(78%)65,009.8 Cr.
TVS Motors Limited367826%14339,144.7 Cr.
Eicher Motors Limited1463322%65716,535.8 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

Disclaimer:Logos and other registered trademarks of funds used on this platform are held by their respective owners. IpoTec does not claim ownership or association on them, and their use is purely for informational and illustrative purposes.

Copyrights ©2025 IpoTec. All rights reserved.