status through the BSE website or via the registrar’s portal, Link Intime.
Visit the BSE allotment check page:
https://www.bseindia.com/investors/appli_check.aspxSelect 'Ather Energy' from the dropdown menu under ‘Issue Name’
Enter your PAN or application number and click ‘Search’
Visit Link Intime’s allotment page:
https://www.linkintime.co.in/MIPO/Ipoallotment.htmlSelect 'Ather Energy IPO' from the dropdown
Enter your PAN or application number, then click on ‘Search’ to view your allotment status
As of allotment day, the grey market premium (GMP) for Ather Energy IPO has cooled off to around Rs 1, indicating a flat listing gains over the upper issue price band of Rs 321. Analysts say the recent market volatility and moderate subscription levels have weighed on near-term sentiment.
The shares of Ather Energy are expected to be listed on the BSE and NSE on Friday, May 7.
Ather Energy’s Rs 2,981 crore IPO comprised a fresh issue of Rs 2,626 crore and an offer-for-sale (OFS) of Rs 355 crore by existing shareholders. The company plans to use the proceeds for capacity expansion, R&D, and working capital.
Founded in 2013, Ather Energy is among the leading players in India’s electric two-wheeler space. The company designs, manufactures, and sells electric scooters and currently operates 200+ experience centers across the country. It recently launched a new family scooter model, Ather Rizta, ahead of the peak summer buying season.
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