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Ather Energy Share Price Live Updates: Ather Energy shares are scheduled to debut on the Indian stock market today. The initial public offering (IPO) of the electric vehicle manufacturer Ather Energy Ltd concluded with moderate demand. The Ather Energy IPO listing date is set for today, May 6.

The public offering was open for subscription from April 28 to April 30. The allocation for the Ather Energy IPO was completed on May 2. The listing date for Ather Energy's shares has been confirmed as May 6, Tuesday, and they will be available on both stock exchanges, BSE and NSE.

The BSE announced that starting from Tuesday, May 6, 2025, the equity shares of Ather Energy Limited will be listed and permitted for trade on the exchange within the ‘B’ Group of Securities.

Ather Energy shares will participate in the Special Pre-open Session (SPOS) on Tuesday, May 6, 2025, according to the notice, and trading will start at 10:00 AM.

The electric two-wheeler manufacturer Ather Energy's initial public offer was subscribed 1.43 times on the final day of bidding on Wednesday, driven by strong oversubscription in the QIB and retail investor categories.

The Ather Energy IPO consists of a fresh issuance of equity shares valued at ₹2,626 crore and an offer-for-sale of 1.1 crore equity shares from promoters and other stakeholders.

At the highest end of the price range, the total IPO size is estimated at ₹2,981 crore, resulting in a company valuation of ₹11,956 crore.

(Stay tuned for more updates)

According to Prashanth Tapse, Research Analyst, Senior Vice President of Research at Mehta Equities, flat listing seems to be justified, as the issue was aggressively priced, especially when benchmarked against peer OLA Electric, whose post-listing performance has been underwhelming. 

“We believe the electric two-wheeler (EV 2W) segment remains highly competitive and capital-intensive, with most players, including market leaders, struggling to achieve sustainable profitability and raising concern with new investors,” said Tapse.

Ather Energy IPO was subscribed 1.43 times by the end of bidding on Wednesday, driven by strong interest from both qualified institutional buyers and retail investors. The Retail Individual Investors (RIIs) segment achieved a subscription rate of 1.78 times, while the Qualified Institutional Buyers (QIBs) portion was subscribed 1.70 times, despite a market volatility. The subscription rate for non-institutional investors stood at 66%, and the employee portion was booked 5.43 times. 

Ather Energy IPO GMP today or grey market premium is +14. This indicates Ather Energy share price were trading at a premium of ₹14 in the grey market, according to investorgain.com.

Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Ather Energy share price was indicated at ₹335 apiece, which is 4.36% higher than the IPO price of ₹321.

According to the analysis of the past 15 sessions of grey market activities, the IPO GMP is moving upward today, indicating a potential strong listing. The minimum GMP recorded is ₹0.00, while the maximum GMP reaches ₹17, as per the experts at investorgain.com.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.

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