April 25, 2025 – Ather Energy, the electric scooter company, is getting ready to sell its shares to the public. This is called an IPO (Initial Public Offering). The company wants to raise ₹2,981 crore through this IPO. The share price will be between ₹304 and ₹321.
Here are 10 easy-to-understand facts about Ather’s IPO:
1. What is Ather Energy doing?
Ather Energy is a company from Bengaluru that makes electric scooters. They also build batteries, chargers, and software for their vehicles. They plan to sell shares to the public soon.
2. Share Price Details
The price of each share will be between ₹304 and ₹321. People who invest early, called anchor investors, will get their shares on April 25.
3. Who Owns Ather Energy?
The company was started by Tarun Mehta, Swapnil Jain, and Hero MotoCorp. Together, they own more than 50% of the company. Hero MotoCorp owns the biggest part but is not selling its shares right now.
4. Founders Will Earn Big
The founders are selling some of their shares. They had bought these shares at around ₹21 each, and now they may sell them at ₹321, making a big profit of over 1,400%.
5. Ather’s Competitors
Other companies making two-wheelers like Hero MotoCorp, Bajaj Auto, Ola Electric, TVS Motors, and Eicher Motors are seen as Ather’s competitors.
6. What’s Special About Ather?
Ather makes everything in one place – the design, software, parts, and final product. They aim to sell premium, high-quality scooters and also manage money well.
7. Where Do They Make Scooters?
They have a factory in Hosur, Tamil Nadu. It can make over 4 lakh scooters and nearly 3.8 lakh battery packs every year.
8. What Scooters Do They Sell?
Ather has two types of scooters. One is the fast Ather 450 series. The other is the new Rizta, made for families. Rizta has a big seat, shows WhatsApp messages, can be controlled with voice, and even has storage and safety features.
9. India’s Growing Two-Wheeler Market
India is the biggest two-wheeler market in the world. In 2023–24, over 18 million bikes and scooters were sold. This number is expected to grow by 7% every year until 2031.
10. Risks to Know About
Ather depends on other companies for many scooter parts.
If fewer people want to buy their scooters, profits could drop.
If the government stops giving benefits for electric vehicles, the price may go up and fewer people may buy them.
Some investors who buy early must wait 30 to 90 days before they can sell their shares.
Extra Info: Grey Market Premium (GMP)
Right now, Ather shares are selling at ₹7 more than the IPO price in the grey market. This means people expect it to list at around ₹328.
