Ather Energy IPO Subscription Status
Ather Energy IPO closed on 30 April 2025 with an overall subscription of 1.50x based on shares applied. QIB demand came in at 1.76x, NII at 0.69x, and retail at 1.89x.
Allotment will be finalised on 2 May 2025. The stock is scheduled to list on NSE and BSE on 6 May 2025.
Issue Price
Rs 321.00
GMP Today
Rs 14.00 (+4.36%)
Overall Subscription
1.50x
Issue Size
₹2980.76 Cr
Allotment Date
2 May 2025
Listing Date
6 May 2025
Ather Energy IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 321.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 893.36 Cr | Rs 1,574.84 Cr | 1.76x |
| NII | Rs 446.68 Cr | Rs 308.99 Cr | 0.69x |
| sNII (Rs 2L to Rs 10L) | Rs 148.89 Cr | Rs 89.38 Cr | 0.60x |
| bNII (above Rs 10L) | Rs 297.79 Cr | Rs 219.62 Cr | 0.74x |
| Retail | Rs 297.79 Cr | Rs 562.40 Cr | 1.89x |
| Total | Rs 1,637.82 Cr | Rs 2,446.23 Cr | 1.49x |
Ather Energy IPO Subscription by Shares
Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.
| Category | Shares Offered | Shares Bid | Subscription |
|---|---|---|---|
| QIB | 2,78,30,383 | 4,90,60,472 | 1.76x |
| NII | 1,39,15,192 | 96,25,914 | 0.69x |
| sNII (Rs 2L to Rs 10L) | 46,38,397 | 27,84,288 | 0.60x |
| bNII (above Rs 10L) | 92,76,795 | 68,41,626 | 0.74x |
| Retail | 92,76,795 | 1,75,20,112 | 1.89x |
| Total | 5,10,22,370 | 7,62,06,498 | 1.49x |
What Do These Subscription Numbers Mean?
A subscription of 1.50x by shares means the IPO received bids for 2 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 1.76x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 1.76x, it reflects serious institutional conviction.
NII at 0.69x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.
Retail at 1.89x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.
Ather Energy IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Share subscription: 1.89x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Share subscription: 0.60x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
BHNI (above Rs 10 lakh)
- •Share subscription: 0.74x (application-wise data pending).
- •Allotment odds will be updated once application subscription is synced.
Check the Ather Energy IPO Allotment Status page from 2 May 2025 for your allotment result.
Ather Energy IPO GMP After Subscription
GMP for Ather Energy IPO stands at Rs 14.00 today, giving an estimated listing price of Rs 335.00 per share.
A subscription of 1.50x combined with a GMP of 4.36% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Ather Energy IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Ather Energy IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 28 Apr 2025 | 0.00x | 0.17x | 0.69x | 0.17x |
| Day 2 - 29 Apr 2025 | 0.00x | 0.28x | 1.20x | 0.30x |
| Day 3 - 30 Apr 2025 | 1.76x | 0.69x | 1.89x | 1.50x |
Ather Energy IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 April 2025 |
| IPO Close Date | 30 April 2025 |
| Allotment Date | 2 May 2025 |
| Refund Initiation | 3 May 2025 |
| Share Credit to Demat | 3 May 2025 |
| Listing Date | 6 May 2025 |
| Minimum Investment | Rs 14,766.00 |
| Lot Size | 46 shares |
About Ather Energy IPO
Ather Energy Limited, started in 2013, is one of India’s top electric two-wheeler companies. It makes electric scooters, battery packs, charging stations, and the software that supports them — all from its own plants in India. Ather is known as the first brand to offer premium electric vehicles in the country, focusing on both product and technology.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Ather Energy IPO Subscription FAQs
What is Ather Energy IPO IPO subscription status today?
Ather Energy IPO IPO subscription closed on 30 April 2025 with overall subscription of 1.50x (by shares) as of 27 June 2026, 2:47 AM IST. QIB 1.76x, NII 0.69x, Retail 1.89x.
What is the overall subscription of Ather Energy IPO IPO?
Ather Energy IPO IPO is subscribed 1.50x overall by shares at close on 30 April 2025. QIB 1.76x, NII 0.69x, and Retail 1.89x.
What is Ather Energy IPO IPO QIB subscription?
Ather Energy IPO IPO QIB (Qualified Institutional Buyers) subscription is 1.76x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Ather Energy IPO IPO Retail subscription?
Ather Energy IPO IPO Retail subscription is 1.89x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Ather Energy IPO IPO NII subscription?
Ather Energy IPO IPO NII (Non-Institutional Investors) subscription is 0.69x by shares. NII covers bids above Rs 2 lakh.
What are allotment chances in Ather Energy IPO IPO for retail?
Ather Energy IPO IPO retail share subscription is 1.89x. Application-wise data is needed for accurate lottery odds.
When is Ather Energy IPO IPO allotment date?
Ather Energy IPO IPO allotment date is 2 May 2025. Check Ather Energy IPO Allotment Status on IPOwiz from that day using your PAN.
When does Ather Energy IPO IPO subscription close?
Ather Energy IPO IPO subscription closed on 30 April 2025. No new applications are accepted after the close.
What is Ather Energy IPO IPO GMP today?
Ather Energy IPO IPO GMP is ₹14 today (+4.36% over issue price ₹321). See live GMP on the Ather Energy IPO GMP Today page.
What is Ather Energy IPO IPO issue price and lot size?
Ather Energy IPO IPO issue price is ₹321 per share. Lot size is 46 shares. Minimum investment is ₹14,766 per lot. Issue size: ₹2980.76 Cr.
When is Ather Energy IPO IPO listing date?
Ather Energy IPO IPO listing date is 6 May 2025 on NSE and BSE. Allotment is on 2 May 2025.
How does subscription affect Ather Energy IPO IPO allotment?
Allotment odds in Ather Energy IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 1.50x overall, competition is moderate.
For allotment results from 2 May 2025, visit the Ather Energy IPO Allotment Status page. For listing day updates on 6 May 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.