|
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)
|
92867945
|
|
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.
|
|
|
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
|
Offered / Reserved |
Bid For |
|
|
Non-Institutional Investors
|
14601478
|
9627202
|
0.659330651321736
|
|
Qualified Institutional Buyers
|
28927363
|
49060472
|
1.69598839686839
|
|
Retail Individual Investors
|
28927363
|
49060472
|
1.69598839686839
|
|
|
|
|
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 software and accessories, while wemanufacture our battery packs and assemble our E
|
|
|
Promoter's Holding
|
|
Total Share Capital
|
158728716
|
|
Offered to Public
|
97443193
|
|
Promoter's Holding (Pre-Issue)
|
52.67
|
|
Promoter's Holding (Post-Issue)
|
42.09
|
|
|
More |
|
|
|
|
|
|
|
|
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
|
|
|