Basis Of Allotment

Ather Energy Ltd.
Issue Open Date 28-Apr-25  
Issue Closing Date 30-Apr-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 304 - 321  
Minimum Bid Quantity. 46  
Issue Size (Shares) 53363160  
Market Lot 1  
Objective :

1. Capital expenditure to be incurred by our Company for establishment of an E2W factory in Maharashtra, India;2. Repayment/ pre-payment, in full or part, of certain borrowings availed by our Company;3. Investment in research and development;4. Expenditure towards marketing initiatives; and5. General corporate purposes.

Business Description

We are a pioneer in the Indian electric two-wheeler (“E2W”) market, according to the CRISIL Report. We designand develop E2Ws, battery packs, charging infrastructure, associated s...

Promoter's Holding
Total Share Capital   158728716  
Offered to Public   97443193  
Promoter's Holding (Pre-Issue)   52.67  
Promoter's Holding (Post-Issue)    
Address
3rd Floor
Tower D
I B C Knowledge Park # 4 / 1
Bannerghatta Main Road
Bengaluru ,
Karnataka ,
560029
Phone : 080-66465750
Email : cs@atherenergy.com
Website : www.atherenergy.com
Registrar
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
HSBC Securities & Capital Markets (India) Pvt Ltd
JM Financial Ltd.
Nomura Financial Advisory & Securities (India) Pvt Ltd.
Promoters
Hero MotoCorp Ltd.
Swapnil Babanlal Jain
Tarun Sanjay Mehta

Attention Investors

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BSE / NSE SEBI Registration No. INZ000279232, Depository Participant SEBI Registration No. – IN DP CDSL 132-2015
Mutual funds - ARN No. 81648 , Investment Adviser SEBI Registration No. : INA000008668.
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