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Ather Energy IPO Subscription

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Updated 6 May 2025, 9:15 AM IST· Mainboard

Ather Energy IPO subscription closed on 30 April 2025 at 1.50x overall by shares. QIB demand came in at 1.76x, NII at 0.69x, and retail at 1.89x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 2 May 2025. Listing date on NSE and BSE is 6 May 2025.

Issue Price
Rs 321.00
GMP Today
Rs 14.00 (+4.36%)
Overall Sub
1.50x
Issue Size
₹2980.76 Cr
Allotment
2 May 2025
Listing
6 May 2025

Ather Energy IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 28 Apr 20250.00x0.17x0.69x0.17x
Day 2 - 29 Apr 20250.00x0.28x1.20x0.30x
Day 3 - 30 Apr 20251.76x0.69x1.89x1.50x

Ather Energy IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Ather Energy IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail1.89x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)0.60x (shares)Updating soon
BHNI (above Rs 10L)0.74x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Ather Energy IPO Allotment Status page from 2 May 2025 for your result.

Ather Energy IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 321.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 893.36 CrRs 1,574.84 Cr1.76x
NIIRs 446.68 CrRs 308.99 Cr0.69x
sNII (Rs 2L to Rs 10L)Rs 148.89 CrRs 89.38 Cr0.60x
bNII (above Rs 10L)Rs 297.79 CrRs 219.62 Cr0.74x
RetailRs 297.79 CrRs 562.40 Cr1.89x
TotalRs 1,637.82 CrRs 2,446.23 Cr1.49x

Ather Energy IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB2,78,30,3834,90,60,4721.76x
NII1,39,15,19296,25,9140.69x
sNII (Rs 2L to Rs 10L)46,38,39727,84,2880.60x
bNII (above Rs 10L)92,76,79568,41,6260.74x
Retail92,76,7951,75,20,1121.89x
Total5,10,22,3707,62,06,4981.49x

What Do These Subscription Numbers Mean?

1.50x overall by shares means bids covered about 2 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 1.76x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (0.69x by shares). SHNI and BHNI allotment is by lottery.

Retail at 1.89x by shares. Exact lottery chances need application data.

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 Key Dates

EventDate
IPO Open Date28 April 2025
IPO Close Date30 April 2025
Allotment Date2 May 2025
Refund Initiation3 May 2025
Share Credit to Demat3 May 2025
Listing Date6 May 2025
Minimum InvestmentRs 14,766.00
Lot Size46 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 (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Ather Energy IPO Subscription FAQs

What is Ather Energy IPO subscription status today?

Ather Energy IPO subscription closed on 30 April 2025 with overall subscription of 1.50x (by shares) as of 13 August 2026, 4:01 AM IST. QIB 1.76x, NII 0.69x, Retail 1.89x.

What is the overall subscription of Ather Energy IPO?

Ather Energy 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 QIB subscription?

Ather Energy 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 Retail subscription?

Ather Energy IPO Retail subscription is 1.89x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Ather Energy IPO NII, SHNI, and BHNI subscription?

Ather Energy IPO NII subscription is 0.69x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Ather Energy IPO retail allotment chances?

Ather Energy IPO retail share subscription is 1.89x. Application data is needed for exact lottery chances.

What are Ather Energy IPO SHNI allotment chances?

Ather Energy IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Ather Energy IPO BHNI allotment chances?

Ather Energy IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

When is Ather Energy IPO allotment date?

Ather Energy 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 subscription close?

Ather Energy IPO subscription closed on 30 April 2025. No new applications are accepted after the close.

What is Ather Energy IPO GMP today?

Ather Energy 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 issue price and lot size?

Ather Energy 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 listing date?

Ather Energy IPO listing date is 6 May 2025 on NSE and BSE. Allotment is on 2 May 2025.

How does subscription affect Ather Energy IPO allotment?

In Ather Energy IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. 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.

Sources

We match Ather Energy IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.