31 Mar 2022
Assets818.60
Total Income413.80
Profit After Tax-344.10
NET Worth224.90
Reserves and Surplus224.20
Total Borrowing298.40
At a glance
Updated 2026-08-24Ather Energy is a Mainboard IPO with an issue size of ₹2,980.76 crore, proposed for listing on BSE, NSE. The issue structure includes a fresh issue of ₹2,626.04 crore and an offer-for-sale component of ₹354.73 crore.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹2,980.76 Cr
Fresh issue₹2,626.04 Cr
Offer for sale₹354.73 Cr
Face value₹1
Price band₹304.00–₹321.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Capital expenditure to be incurred by the Company for establishment of an E2W factory in Maharashtra, India. | ₹927.20 Cr |
| Repayment/pre-payment, in full or part, of certain borrowings availed by the Company. | ₹40.00 Cr |
| Investment in research and development. | ₹750.00 Cr |
| Expenditure towards marketing initiatives. | ₹300.00 Cr |
| General Corporate Purposes | ₹492.20 Cr |
| Issue Expenses | ₹132.80 Cr |
| Total | ₹2,642.20 Cr |
Financials
Full financials ↗31 Mar 2023
Assets1,976.80
Total Income1,801.80
Profit After Tax-864.50
NET Worth613.70
Reserves and Surplus613.10
Total Borrowing485.20
31 Mar 2024
Assets1,913.50
Total Income1,789.10
Profit After Tax-1,059.70
NET Worth545.90
Reserves and Surplus545.10
Total Borrowing314.90
31 Dec 2024
Assets2,172.00
Total Income1,617.40
Profit After Tax-577.90
NET Worth108.00
Reserves and Surplus104.10
Total Borrowing521.60
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| RoNW | -194% |
Valuation & shareholding
Pre-IPO EPS-47.00
Promoter holding pre54.61%
Promoter holding post42.09%
Market cap₹11955.96 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Capital expenditure to be incurred by the Company for establishment of an E2W factory in Maharashtra, India. | ₹927.20 Cr |
| Repayment/pre-payment, in full or part, of certain borrowings availed by the Company. | ₹40.00 Cr |
| Investment in research and development. | ₹750.00 Cr |
| Expenditure towards marketing initiatives. | ₹300.00 Cr |
| General Corporate Purposes | ₹492.20 Cr |
| Issue Expenses | ₹132.80 Cr |
| Total | ₹2,642.20 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- JM Financial Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.