Ather Energy IPO 2025: Opening Date, Price, Details & Should You Invest?

Ather Energy, one of India's leading electric scooter manufacturers, is preparing to go public later this month. If you're thinking about investing or just want to understand what's happening, this blog will explain everything in simple terms.

What is Ather Energy?

Ather Energy is an Indian company that makes electric scooters. Started in 2013 by IIT graduates Tarun Mehta and Swapnil Jain, the company has grown to become one of the most recognizable electric vehicle (EV) brands in India. Their main products are the Ather 450X and Ather 450S electric scooters.

About the IPO

IPO stands for Initial Public Offering. It means Ather Energy is selling shares of its company to the public for the first time. Here are the important details:

• IPO Dates: April 28 to April 30, 2025
• Money Target: Ather aims to raise ₹2,626 crore through fresh shares
• Company Value: Before the IPO, the company is valued at about ₹9,900-10,000 crore
• After IPO: The total value might cross ₹12,000 crore after the IPO

What's Special About This IPO?

Ather Energy will be only the second pure electric vehicle company to list on Indian stock exchanges, following Ola Electric. This makes it a rare opportunity for investors who want to put their money in the growing electric vehicle market in India.

Who's Selling Shares?

The IPO includes two parts:

1. Fresh Issue: New shares being sold by the company to raise money
2. Offer for Sale (OFS): Existing investors selling some of their shares

Some key points about the sellers:

• Over 1.1 crore existing shares will be sold by current investors
• NIIF (National Investment and Infrastructure Fund) and Tiger Global (a global investment firm) are selling some of their shares
• Hero MotoCorp, which owns 37% of Ather Energy, is not selling its shares

Why Is Ather Energy Going Public?

Companies usually go public for several reasons:

1. To raise money for growth and expansion
2. To give early investors a chance to get returns on their investment
3. To gain more visibility and credibility in the market

For Ather specifically, the money raised will likely be used to:

• Expand manufacturing capacity
• Develop new products
• Increase their presence across more cities in India
• Invest in technology and research

The EV Market in India

The electric vehicle market in India is growing fast. Government policies are encouraging people to buy electric vehicles through subsidies and tax benefits. However, the market also faces challenges like:

• Building enough charging stations
• Making batteries that last longer
• Keeping prices affordable for average buyers

Should You Invest?

Whether to invest in the Ather Energy IPO is a personal choice that depends on your financial goals and how much risk you can take. Here are some things to think about:

Positive Points:

• Growing EV market in India
• Established brand with good products
• Government support for electric vehicles

Things to Consider:

• Competition from companies like Ola Electric, TVS, and Bajaj
• The company may not be profitable yet
• Electric vehicle adoption in India is still in early stages

How to Apply for the IPO

If you're interested in applying for the Ather Energy IPO, you can do so through:

• Your bank's net banking service
• Stock trading apps like Zerodha, Groww, or Upstox
• Your stock broker

You'll need a DEMAT account to apply for the IPO.

Final Thoughts

Ather Energy's IPO comes at an interesting time for India's electric vehicle market. While the company has reduced its expected valuation from ₹14,000 crore to around ₹10,000 crore (showing a more careful approach), it still represents a major milestone for the EV industry in India.

Whether you're planning to invest or just watching from the sidelines, this IPO is worth paying attention to as it could influence the future of electric mobility in India.

Remember to read the IPO documents carefully and maybe talk to a financial advisor before making any investment decisions.