Ather Energy IPO GMP Today

'Grey market premium' indicates investors' readiness to pay more than the issue price.

ather energy IPO GMP(grey market premium ) today is +7. This indicates Ather Energy share price were trading at a premium of ₹7 in the grey market, according to expert analysis. 

Considering the upper end of the IPO price band and the current GMP then estimated listing price of Ather Energy share price was indicated at ₹328, which is 2.18% higher than the IPO price of ₹321.

According to the grey market activities observed over the past 14 sessions, the current GMP is at ₹7 and indicates a downward trend. The minimum GMP recorded is ₹0.00, while the maximum GMP is ₹17, as per insights from market and experts.

Ather Energy IPO Details

Ather Energy IPO consists of shares worth ₹2,626 crore, along with an offer-for-sale (OFS) of 1.1 crore equity shares from promoters and other shareholders. The OFS includes existing investors like National Investment and Infrastructure Fund II, Internet Fund III Pte. Ltd, IITM Incubation Cell, IITMS Rural Technology and Business Incubator, along with promoters Tarun Sanjay Mehta and Swapnil Babanlal Jain, who are selling their shares.

Ather intends to use total proceeds from the IPO to invest ₹927.2 crore in setting up an electric two-wheeler manufacturing plant in Maharashtra. 

• ₹40 crore for debt repayment
• ₹750 crore for research and development initiatives
• ₹300 crore for marketing efforts.

These funds will be allocated over the fiscal years 2026 to 2028.