Ather Energy Limited, a Bengaluru-based electric two-wheeler manufacturer, successfully concluded its ₹2,981 crore Initial Public Offering (IPO) on April 30, 2025. The IPO comprised a fresh issue of ₹2,626 crore and an offer-for-sale (OFS) of ₹355 crore. The price band was set between ₹304 and ₹321 per share, aiming for a valuation of approximately $1.4 billion. Subscription Details: The IPO witnessed an overall subscription of 1.43 times. Retail investors led the demand, subscribing 1.78 times their allotted quota, while Qualified Institutional Buyers (QIBs) subscribed 1.70 times. Non-Institutional Investors (NIIs) showed comparatively lower interest, with a subscription of 66%. Prior to the public offering, Ather raised ₹1,340 crore from anchor investors, including Abu Dhabi’s sovereign wealth fund and Singapore’s Temasek. Allotment and Listing Dates: Allotment Date: May 2, 2025 Refund Initiation: May 5, 2025 Shares Credited to Demat Accounts: May 5, 2025 How to Check Allotment Status: Investors can check their allotment status through the following platforms: BSE Website: Visit BSE IPO Allotment Status Select 'Equity' and choose 'Ather Energy Limited' Enter your Application Number or PAN Click 'Search Listing Date: May 6, 2025 MY view : Flat listing Investors are advised to keep their PAN, application number, or DP/Client ID handy to check the allotment status.

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