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Issue Open Date
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28-Apr-25
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Issue Closing Date
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30-Apr-25
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Application Money
|
100
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Allotment Money
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Price Band
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304
-
321
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Minimium Application No.
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46
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Issue Size (Shares)
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53363160
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Market Lot
|
1.00
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Objective
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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.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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|
Non-Institutional Investors
|
14601478
|
9627202
|
0.66
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|
Qualified Institutional Buyers
|
28927363
|
49060472
|
1.70
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Retail Individual Investors
|
9734319
|
17313710
|
1.78
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Business Description
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| 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 software and accessories, while wemanufacture our battery packs and assemble our E |
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more... |
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Promoter's Holding
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Total Share Capital
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158728716
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Offered to Public
|
97443193
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Promoter's Holding (Pre-Issue)
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52.67
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Promoter's Holding (Post-Issue)
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42.09
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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
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Registrar |
MUFG Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
HSBC Securities & Capital Markets (India) Pvt Ltd
JM Financial Ltd.
Nomura Financial Advisory & Securities (India) Pvt Ltd.
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Promoters |
Hero MotoCorp Ltd.
Swapnil Babanlal Jain
Tarun Sanjay Mehta
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