01-05-2025
Ather Energy IPO: Step-by-step guide to check allotment status. See latest GMP
The allotment status of the Ather Energy IPO will be finalised on Friday, May 2, 2025, following a quiet response from electric scooter maker's public offer was just fully subscribed by the end of the third and final day of bidding, suggesting investors were not keen to put their money on another EV scooter maker, after Ola Electric shares have not performed well since its market debut. The IPO saw an overall subscription of 1.50 times. Retail investors subscribed 1.89 times their portion,Qualified Institutional Buyers (QIBs) subscribed 1.76 times, while Non-Institutional Investors (NIIs) lagged behind with only 0.69 times subscription. The IPO remained open between April 28 and April 30, with a price band of Rs 304 to Rs 321 per share. The lot size was set at 46 total, the issue received bids for 7,67,49,068 shares against the offer of 5,11,22,370 shares. Ather Energy raised Rs 2,980.76 crore through this public issue. This included a fresh issue worth Rs 2,626 crore and an offer-for-sale (OFS) of up to 1,10,51,746 equity shares by existing who applied for shares can expect to receive alerts through SMS, email, or bank messages regarding the debit of funds or release of IPO mandates by the weekend or by Monday, May TO CHECK ATHER ENERGY IPO ALLOTMENT ON BSE WEBSITETo check the allotment status through the BSE website, investors need to go to the official BSE select 'Equity' and choose 'Ather Energy Limited' from the that, enter the application number and PAN card the captcha code and click submit to view the TO CHECK ALLOTMENT THROUGH LINK INTIME INDIA WEBSITETo check via the registrar, Link Intime India Private Ltd, go to its official 'Ather Energy Limited' from the choose whether to enter Application Number, PAN, or Demat account entering the correct captcha code, click 'Submit' to view the allotment GMP FOR ATHER ENERGY IPOThe grey market premium (GMP) for the Ather Energy IPO was Rs 17 before the issue opened for the GMP has dropped to Rs 0 as of May 1, 2025, 08:30 AM. With the upper end of the price band at Rs 321, the expected listing price is also Rs 321. This implies there is no expected premium or discount, indicating a flat listing based on the latest shares are likely to be listed on BSE and NSE on Tuesday, May 6, 2025.
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