( Ather Energy IPO debuts on stock exchanges today. Here’s how the GMP and expert forecasts shape the EV firm’s stock market debut on May 6, 2025.)
🚀 Ather Energy IPO Makes Its Stock Market Debut Today
India’s growing electric vehicle landscape gets a fresh jolt of excitement today, May 6, 2025, as Ather Energy hits the Indian stock exchanges. The much-anticipated Ather Energy IPO—valued at nearly ₹3,000 crore—is listing on both the BSE and NSE, opening a new chapter for the premium EV brand.
After concluding a three-day subscription window last week, retail investors, analysts, and institutions are keen to see whether the Bengaluru-based startup can deliver strong listing gains, or if the current grey market premium (GMP) is an early warning sign of a flat debut.
📦 IPO Snapshot: Ather Energy’s Public Offering in Numbers
Here’s a quick look at the IPO structure and subscription trends:
- IPO Issue Size: ₹2,981 crore
- Price Band: ₹304 to ₹321 per share
- Fresh Issue: 81.80 million shares
- Offer for Sale (OFS): 11.05 million shares
- IPO Dates: April 28–30, 2025
- Listing Date: May 6, 2025
- Stock Exchange: BSE and NSE
The issue saw strong participation from retail investors and employees, while demand for non-institutional investors (NII) remained lukewarm.
💬 Grey Market Premium (GMP) Signals a Modest Debut
Ahead of the listing, the grey market premium for Ather Energy shares has hovered around ₹7 per share, suggesting a possible listing at ₹328, just 2.18% above the upper IPO price.
While this isn’t a spectacular premium, it indicates muted optimism among traders in the unofficial market.
“The GMP is stable but not exciting. Investors may want to temper expectations on listing gains,” said a Mumbai-based IPO analyst.
🔍 What Are Experts Saying About the Ather IPO Listing?
Market analysts remain divided on how Ather Energy’s stock will perform on debut. Here are some notable insights:
⚖️ Prashanth Tapse – Mehta Equities
“Considering the intense competition in the EV two-wheeler space and Ather’s pricing, we expect a flat or slightly negative listing. However, long-term fundamentals look promising.”
📉 Gaurav Garg – Lemonn Markets
“Despite being a quality EV brand, Ather holds only one-third of Ola Electric’s market share. Its premium valuation and broader market volatility may limit listing day upside.”
📈 Hem Securities
“Brand loyalty and product innovation work in Ather’s favor. Still, we advise investors to hold for the long-term rather than chase listing gains.”
📊 Subscription Breakdown by Investor Category
The Ather Energy IPO was fully subscribed, with strong interest from retail and employee segments:
| Investor Category | Subscription (x) |
|---|---|
| Retail Individual (RII) | 1.78x |
| Qualified Institutional | 1.70x |
| Non-Institutional (NII) | 0.66x |
| Employees | 5.43x |
While institutional and retail interest was healthy, low NII participation points to conservative sentiment among high-net-worth investors.
🏭 How Will Ather Use the IPO Funds?
Ather Energy has outlined a clear roadmap for deploying the IPO proceeds:
- 🏗️ Manufacturing Expansion: ₹900+ crore to build a new facility in Maharashtra
- 🔬 R&D Investment: ₹750 crore to develop next-gen EV tech
- 📢 Brand Marketing: ₹300 crore to boost visibility and customer reach
- 💳 Debt Repayment: ₹40 crore to clear financial obligations
These investments are aimed at enhancing capacity and product development to compete more aggressively with brands like Ola Electric, Bajaj Chetak, and TVS iQube.
🌐 Internal Link: More Upcoming IPOs in 2025
Explore other major IPOs hitting the markets this year, including NSDL, Zepto, and Hero FinCorp, on our Upcoming IPOs in 2025 page.
❓ Frequently Asked Questions (FAQs)
1. When is Ather Energy listed on the stock market?
Ather Energy’s shares are listed on May 6, 2025, on both the NSE and BSE.
2. What was Ather Energy’s GMP before listing?
The grey market premium (GMP) was around ₹7, suggesting a possible listing at ₹328.
3. Is Ather Energy a good long-term investment?
Analysts suggest Ather has strong long-term prospects due to its premium brand image and innovation, though listing gains may be limited.
4. What will the IPO funds be used for?
Proceeds will support manufacturing, R&D, marketing, and debt repayment, bolstering Ather’s competitive edge.
5. Who are the major shareholders in Ather Energy?
Key stakeholders include Hero MotoCorp (38.19%), GIC (15.43%), NIIF (14.22%), and Tiger Global (6.56%).
Related – http://ather-energy-ipo-listing-on-tuesday-fy26s
📢 Final Thoughts & Call to Action
Ather Energy’s market debut marks a pivotal moment in India’s EV evolution. Whether the IPO delivers listing gains or not, its long-term narrative remains promising for those bullish on clean mobility.
👉 What’s your take on Ather’s listing day performance?
💬 Drop your predictions in the comments, share this article, and follow Quick News for real-time stock market coverage.
