Stock Market Entrance of Ather Energy: Anticipation Surrounding the Electric Vehicle Frontrunner's IPO and Stock Prices
In the world of electric vehicles (EV), Ather Energy is making waves, and its much-anticipated Initial Public Offering (IPO) is finally here. Here's a rundown of what investors need to know about the Ather Energy IPO allotment, listing date, and the expected Grey Market Premium (GMP).
If you've applied for the Ather Energy IPO, you can now check your allotment status. To do so, visit the official IPO allotment webpage operated by Link Intime India. On the webpage, select the issuer company as "Ather Energy." Then, enter your PAN number or application number to view your allotment status. Alternatively, you can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) once the allotment is finalized. The allotment date was on May 2, 2025, and investors could check their status immediately following that date.
The listing date for Ather Energy is May 7, 2025. The IPO issue price was ₹321 per share. As for the expected GMP on listing day, ahead of listing, the shares were trading at around ₹328 per share in the grey market, reflecting a ₹7 premium or about 2.18% above the issue price. The stock listed on the BSE at ₹326.05 and NSE at ₹328, confirming the grey market was a close indicator of the listing price. Overall, the GMP indicated a relatively flat to slightly positive premium on listing day.
Analysts are predicting a premium listing, possibly 15-20% higher than the issue price. As of May 5, the Grey Market Premium (GMP) for Ather Energy IPO is between ₹80 and ₹100. If the markets are strong and early trades go well, the stock could exceed expectations, potentially listing at around ₹500-₹520 per share.
A successful listing of Ather Energy could further cement its reputation as a leader in electric mobility. The premium for Ather Energy's GMP could be influenced by the company's brand strength, the bullish sentiment around EV stocks, and recent market trends. If you're interested in the EV sector, a successful listing could potentially boost interest in similar upcoming IPOs.
So, if you applied for the Ather Energy IPO, now is the time to check your allotment and prepare for listing day. Keep an eye on the markets and stay informed to make the most of this exciting opportunity in the EV space.
After checking the allotment status on the official IPO allotment webpage or the BSE/NSE websites, investors can anticipate the listing of Ather Energy on May 7, 2025.Currently, the Grey Market Premium (GMP) for the Ather Energy IPO is between ₹80 and ₹100, suggesting a premium listing potentially ranging from 15-20% higher than the issue price.
