Ather Energy Limited IPO Details & Live GMP
Electric Vehicles (EV) Sector · Total Issue Size: ₹3,100 Cr
Last heard: 02 Sep, 10:00 AM
Cap price (₹360) + current GMP
1 Lot (40 shares at cut-off)
Ather Energy Limited IPO Key Facts & Timeline
Ather Energy Limited IPO: Comprehensive Analysis & Investment Overview
1. Business Model & Operations
Ather Energy Limited is a Mainboard public offering in the Electric Vehicles (EV) sector, entering the primary capital markets with a total issue size of ₹3,100 Cr.
Ather Energy is one of India's leading intelligent electric two-wheeler manufacturers backed by Hero MotoCorp.
2. Grey Market Premium (GMP) & Listing Gain Expectations
As per active unlisted primary market quotes, the Grey Market Premium (GMP) for Ather Energy Limited IPO is currently standing at ₹75. With the upper price band set at ₹360, the implied listing price discovery calculates to ₹435 per share, pointing to an estimated listing pop of +20.8%.
* Note: Grey market figures represent unorganized sentiment and are subject to market volatility. Real listing day gains depend on institutional QIB subscription numbers on Day 3.
3. Retail Application Strategy & Lot Size Math
Retail investors can bid for a minimum of 1 Lot (40 shares) worth ₹14,400. Under SEBI retail allocation guidelines, retail applicants are capped at a maximum bid value of ₹2,00,000 (translating to up to 13 lots).
Pro-Tip: In heavily oversubscribed public issues, allotment in the retail category is decided via a computerized lottery where every valid application is reduced to 1 lot. Applying for multiple lots from the same PAN does not increase allotment odds. To maximize statistical chances, apply 1 lot each from separate family demat accounts.
4. Critical Timeline: From Bid to Exchange Listing
- Public Bidding Closes: 23 September 2026 (5:00 PM cut-off for UPI mandate approval).
- Basis of Allotment: 24 September 2026 (Registrar publishes allotment status).
- Refunds / Unblock Funds: 24 September 2026.
- Demat Credit of Shares: 28 September 2026.
- Official Listing on BSE, NSE: 28 September 2026.
Frequently Asked Questions (FAQs)
What is the current GMP of Ather Energy Limited IPO?
The Grey Market Premium (GMP) of Ather Energy Limited IPO is currently quoted at ₹75 per share (+20.8% over cap price of ₹360). Estimated listing price is approximately ₹435.
What is the price band and minimum lot size for Ather Energy Limited IPO?
The price band for Ather Energy Limited IPO is fixed between ₹340 and ₹360 per equity share. The minimum application lot size is 40 shares, requiring a minimum retail capital outlay of ₹14,400.
When does Ather Energy Limited IPO open and close for public bidding?
Ather Energy Limited IPO bidding opens on 20 September 2026 and closes on 23 September 2026. Bids can be submitted between 10:00 AM and 5:00 PM IST via ASBA net banking or UPI mandate.
When will Ather Energy Limited IPO allotment status be finalized?
The basis of allotment for Ather Energy Limited IPO is scheduled to be finalized on 24 September 2026. Successful applicants will have shares credited to their demat account by 28 September 2026.