Ather Energy IPO subscribed 1.43 times on day 3; here's how to check allotment status online on NSE, BSE, MUFG Intime India

Ather Energy IPO was subscribed 1.43 times on the final day of bidding on Wednesday, April 30. The initial public offering received bids for 7,65,44,046 shares against 5,33,63,160 shares on offer, as per the data on the NSE website .

The non-institutional investors' (NIIs) category received bids for 96,27,202 shares compared to 1,46,01,478 shares on offer, leading to a subscription of 0.66%. The retail portion has been subscribed 1.78 times, with bids for 1,73,13,710 shares against 97,34,319 shares reserved.

The qualified institutional buyers' (QIBs) segment was booked 1.70 times. It secured bids for 4,90,60,472 shares against 2,89,27,363 shares on offer.

The ₹2,981.06-crore initial share sale, with a price band of ₹304-₹321 apiece, is a mix of a fresh issue of shares worth ₹2,626 crore and an offer-for-sale of 354.76 crore by promoters and other shareholders.

The investors who participated in Ather Energy's IPO are now waiting for the allotment status to be finalised, which is scheduled for Friday, May 2.

The bid finalisation details will be available on the websites of the NSE, the BSE and the registrar, MUFG Intime India.

How to check Ather Energy IPO allotment status on NSE

• Go to allotment status page of NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Pick ‘Equity & SME IPO bid details’
• Choose 'Ather Energy Limited' under the symbol 'ATHER'
• Fill in your PAN and application number
• Click on submit

Steps to check Ather Energy IPO allotment status on BSE

• Visit the BSE's IPO allotment status portal: https://bseindia.com/investors/appli_check.aspx.
• Keep issue type as 'Equity'.
• From the ‘Issue Name’ list, select ‘Ather Energy Limited’.
• Enter PAN details or application number.
• Press the 'search' button

How to check Ather Energy IPO allotment status on MUFG Intime India

• Go to the allotment status page of MUFG Intime India: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Select ‘Ather Energy Limited’ from the drop down list
• Fill in any of these: Application No, Account No/IFSC, DP/Client ID or PAN
• Click on the 'submit' button

Axis Capital, HSBC Securities & Capital Markets, JM Financial, and Nomura Financial Advisory and Securities (India) are the book-running lead managers to the offer.

Ather Energy, founded in 2013, designs and manufactures electric two-wheelers, battery packs, and software.