Ather Energy IPO Allotment Status and Updates

The allotment status for the Ather Energy IPO will be available on Friday, May 2, 2025. Investors can check their allotment status on the NSE, BSE, and their official registrar’s website, MUFG Intime India Private Limited (Formerly Link Intime India Private Limited). This IPO received an average market response, with a 1.39x subscription by the 2nd half of Day 3. If you want to check the allotment, follow the simple steps outlined below.

How to Check Ather Energy IPO Allotment Status on NSE

Below are the steps to follow to check the Ather Energy IPO allotment status on NSE:

Step 1: Visit the NSE website page “Verify IPO Bids” 

Step 2: Select the IPO symbol ATHER from the dropdown menu.

Step 3: Enter the PAN No. and Application No 

Step 4: Click Submit, 

Step 5: Once submitted, check the "Allotment Details" section in the bid details to view the Ather Energy IPO allotment status.

How to Check Ather Energy IPO Allotment Status on BSE

Here are the steps you need to follow to check the Ather Energy IPO allotment status on BSE

Step 1: Visit the BSE “Status of Issue Application” page.

Step 2: Select the issue type as “Equity.”

Step 3: Choose "Ather Energy" from the issue name section.

Step 4: Enter your IPO Application number or PAN number.

Step 5: Tick the “I’m not a robot” box to verify your identity.

Step 6: Click the “Search” button to view the Ather Energy IPO allotment status details.

How to Check Ather Energy IPO Allotment Status on MUFG Intime

Below are the steps to check the Ather Energy IPO allotment status on Link Intime:

Step 1: Visit the MUFG Intime “Public Issues page”.

Step 2: Select “Ather Energy” from the dropdown menu.

Step 3: Enter your PAN number or Application number ot DP/Client ID, or Account Number/IFSC.

Step 4: Click on “Submit” to check the Ather Energy IPO allotment status.

Ather Energy IPO Subscription

The Ather Energy IPO received a moderate response from investors, with an overall subscription of 1.39 times. Among all categories, the Retail Individual Investors and Qualified Institutional Buyers led the demand, subscribing 1.71x and 1.66x respectively, while Non-Institutional Investors showed lower participation with 0.61x. Anchor investors fully subscribed to their portion at 1x.

Click here to know more about the Ather Energy IPO subscription.

Ather Energy IPO Details

Company Overview of Ather Energy IPO 

Ather Energy, established in 2013 by Tarun Mehta and Swapnil Jain, is a prominent player in India’s electric two-wheeler (E2W) market. As a dedicated electric vehicle (EV) manufacturer, Ather designs and sells E2Ws along with integrated software, charging infrastructure, and smart accessories, with all the components engineered in India. The company produces its battery packs in-house, while motors and chargers are manufactured by suppliers based on Ather’s proprietary designs. Other critical components, such as motor controllers, dashboards, and frameworks, are outsourced for production. 

As of December 31, 2024, Ather operates a manufacturing facility in Hosur, Tamil Nadu, with an annual production capacity of 420,000 E2Ws and 379,800 battery packs. Its upcoming Factory 3.0 in Maharashtra is expected to significantly scale operations, increasing total production capacity to 1.42 million E2Ws per year. Backed by a robust R&D team of approximately 700 employees in Bengaluru, Ather places a strong emphasis on innovation and holds hundreds of patents and trademarks. 

The company adopts an asset-light distribution strategy, with 265 experience centers and 233 service centers across India, and has expanded its footprint into Nepal and Sri Lanka. In FY24, Ather sold 109,577 E2Ws, with an additional 107,983 units sold in the nine months ending December 31, 2024. According to a CRISIL report, Ather ranked third in sales volume in FY24 and fourth in the first nine months of FY25.