Ather Energy IPO: How to Check Allotment Status and Grey Market Premium (GMP)
India’s electric vehicle (EV) space has been buzzing with excitement, and Ather Energy is at the heart of this revolution. With its highly anticipated Initial Public Offering (IPO), Ather Energy has captured the attention of both seasoned investors and first-time retail participants. From its strong market positioning in the EV segment to backing by marquee investors, Ather’s IPO has been among the most awaited public issues of 2025.
In this blog, we will walk you through everything you need to know about the Ather Energy IPO – including how to check the allotment status, details about the registrar, BSE and NSE portals, and the latest Grey Market Premium (GMP). Whether you're an investor or simply tracking the market, this guide provides valuable insight.
๐️ About Ather Energy
Founded in 2013 and headquartered in Bengaluru, Ather Energy is a pioneer in India’s electric scooter segment. Known for its cutting-edge products like the Ather 450X and Ather 450S, the company has established itself as a premium EV brand with a focus on smart technology, connected devices, and robust charging infrastructure.
Backed by Hero MotoCorp, Flipkart co-founder Sachin Bansal, and Tiger Global, Ather’s IPO marks a significant step in its journey toward scaling operations and expanding its product portfolio.
๐ผ Ather Energy IPO Overview
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IPO Size: ₹2,980.76 crore
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Price Band: ₹304 – ₹321 per share
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Lot Size: 46 shares
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Minimum Investment: ₹13,984
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IPO Opened: April 28, 2025
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IPO Closed: April 30, 2025
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Basis of Allotment Finalized: May 2, 2025
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Shares Credited to Demat: May 5, 2025
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Listing Date: May 6, 2025
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Exchanges: BSE and NSE
The IPO was oversubscribed across all investor categories, indicating strong demand and investor confidence in Ather’s growth potential in the booming EV space.
๐ How to Check Ather Energy IPO Allotment Status
Once the IPO subscription window is closed, the next step for investors is to check whether they’ve been allotted any shares. Here's how to check the Ather Energy IPO allotment status via multiple methods:
✅ 1. Registrar’s Website (Link Intime India Pvt Ltd)
The registrar to the Ather Energy IPO is Link Intime, which handles the allotment process. To check your status:
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Visit: https://linkintime.co.in
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Click on ‘IPO Allotment Status’
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Select “Ather Energy IPO” from the dropdown menu
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Choose the appropriate identifier – PAN, Application Number, or DP/Client ID
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Enter the required details and captcha
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Click ‘Submit’ to view the allotment status
Note: The data is usually updated on the allotment date or within a few hours thereafter.
✅ 2. BSE (Bombay Stock Exchange) Website
Another official source to check allotment status is through the BSE portal.
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Under ‘Issue Type’, select “Equity”
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Choose “Ather Energy IPO” under ‘Issue Name’
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Enter your Application Number and PAN
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Click “Search”
BSE's allotment page is user-friendly and quickly shows whether you've been allotted shares.
✅ 3. NSE (National Stock Exchange) Website
Though NSE doesn't always update allotment statuses as quickly as BSE, it can still be used.
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Visit: https://www.nseindia.com
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Navigate to the IPO section
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Click on ‘IPO Allotment Status’
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Select “Ather Energy IPO”
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Enter your PAN, Application Number, and CAPTCHA
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Click on ‘Search’
Make sure you're logged into your NSE account or have created one if necessary.
✅ 4. Check via Demat Account / Broker App
Most full-service and discount brokers like Zerodha, Groww, Upstox, Angel One, and ICICI Direct provide IPO application and allotment updates within their platforms. You can simply:
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Open your broker app
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Go to “IPO” section or “Orders”
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Check the status of the Ather Energy IPO application
If you’ve been allotted shares, you’ll see them credited to your Demat account by the specified date (May 5, 2025).
๐ What is the Ather Energy IPO GMP (Grey Market Premium)?
GMP refers to the premium at which IPO shares are trading in the unofficial market before their listing. While it’s not a formal indicator, it often reflects investor sentiment and expected listing price.
As of April 30, 2025 (the closing day of the IPO), the Ather Energy IPO GMP was reported at ₹20–₹25 per share. With the upper price band at ₹321, the shares were expected to list in the range of ₹341 to ₹346.
However, GMP is highly volatile and can change based on subscription levels, market mood, and post-IPO news. It’s best to consult reliable sources like IPOWatch, Chittorgarh, or Univest for real-time GMP updates.
๐ IPO Subscription Numbers (Tentative)
Here’s a breakdown of how the IPO was received by various categories of investors:
| Category | Subscription (Approx.) |
|---|---|
| Qualified Institutional Buyers (QIB) | 12.1x |
| Non-Institutional Investors (NII) | 9.7x |
| Retail Individual Investors (RII) | 6.3x |
| Employees / Others | 2.4x |
These numbers highlight high demand, especially from QIBs, which often signals strong fundamentals and long-term prospects.
๐ก Why Was There So Much Hype?
There were several reasons for the buzz surrounding Ather’s IPO:
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Strong EV Brand: Ather is one of the most recognized names in India’s EV market.
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Government Push: EVs are a key focus area for the Indian government under its green mobility mission.
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Rising Sales: Ather’s monthly sales have seen significant growth, with increasing demand for its smart scooters.
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Technology Focus: From over-the-air (OTA) updates to connected vehicle features, Ather stands out in tech-enabled mobility.
๐ Conclusion
The Ather Energy IPO marks an important milestone not just for the company but also for India’s electric mobility future. With strong fundamentals, rising brand recognition, and robust investor interest, Ather is poised for a promising journey in the public markets.
Whether you’ve applied for the IPO or are simply tracking its progress, checking the allotment status through Link Intime, BSE, and NSE is straightforward and quick. Meanwhile, keeping an eye on GMP trends offers a glimpse into potential listing day action.
If you’ve been allotted shares, congratulations! If not, don’t worry—there are always more opportunities in the dynamic world of IPOs.
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