Ather Energy IPO: Simple Steps to Check Allotment Status on Registrar, BSE, NSE, and Latest GMP

Ather Energy IPO: Simple Steps to Check Allotment Status on Registrar, BSE, NSE, and Latest GMP

The Ather Energy Initial Public Offering (IPO) has sparked considerable excitement in the stock market, attracting many investors eager to own a piece of this leading electric vehicle manufacturer. If you’ve applied for the Ather Energy IPO, you’re likely waiting to know whether you’ve been allotted shares. The process of checking your IPO allotment status is relatively simple, and in this guide, we’ll take you through all the ways you can track the progress of your application on various platforms, including the registrar, BSE (Bombay Stock Exchange), and NSE (National Stock Exchange). Additionally, we’ll cover how you can check the latest Grey Market Premium (GMP) to get an idea of the potential listing price.

What is Ather Energy IPO?

Ather Energy, a prominent player in the electric vehicle sector, has opened its IPO to the public, offering shares to investors in the hope of raising funds for expanding its operations and scaling up production. The company is well-known for its innovative electric scooters and strong brand reputation in the rapidly growing electric vehicle market.

The IPO has gained attention due to Ather’s promising future and the increasing demand for sustainable transportation. For investors, participating in this IPO presents an opportunity to invest in a future-forward company. If you’ve already applied, now comes the time to check whether your application has been successful.

How to Check Ather Energy IPO Allotment Status

Once the Ather Energy IPO subscription period is over, the next crucial step for investors is to check the allotment status. Here’s how you can do that:

1. Check Allotment Status on the Registrar’s Website

The registrar responsible for managing the Ather Energy IPO allotment is KFin Technologies. They handle the processing of all applications and the distribution of shares. Here’s how to check your allotment status through the registrar:

• Visit the KFin Technologies Website: Go to the official website of KFin Technologies (https://kfintech.com/).

• Select the IPO Allotment Link: On the homepage, you will find an option related to the allotment status of IPOs. Choose the link for Ather Energy IPO.

• Enter Required Details: You will be asked to enter your Application Number and PAN (Permanent Account Number). These details are crucial for verifying your allotment status.

• View Your Allotment Status: After submitting the information, you’ll be able to see whether you have been allotted shares or not. If you were lucky enough to be allotted shares, you can proceed with further steps to track the delivery of your shares.

2. Check Allotment Status on BSE (Bombay Stock Exchange)

Another easy method to track your Ather Energy IPO allotment is by visiting the BSE website. The Bombay Stock Exchange also provides allotment status for IPOs handled through its platform.

• Visit the BSE Website: Go to the BSE’s official website (https://www.bseindia.com/).

• Click on the 'Equity' Tab: Navigate to the ‘Equity’ section, where you’ll find a sub-tab for IPO allotment status.

• Select Ather Energy IPO: Choose Ather Energy from the list of recent IPOs.

• Enter the Necessary Information: You will need to input your Application Number and PAN number to check the status of your allotment.

• Submit and Check the Status: After entering the details, you can view whether you’ve been allotted shares. If your application is successful, shares will be credited to your demat account.

3. Check Allotment Status on NSE (National Stock Exchange)

Similar to BSE, the National Stock Exchange (NSE) also provides a platform for checking IPO allotment status. Here’s how you can use the NSE platform:

• Visit the NSE Website: Go to the official NSE website (https://www.nseindia.com/).

• Search for IPO Allotment Status: On the homepage, find the link for IPO allotment under the ‘Corporate’ section.

• Select Ather Energy IPO: From the list of IPOs, select Ather Energy.

• Enter Details: You will need to provide your Application Number and PAN to check your allotment status.

• View Allotment Status: Once you submit the details, you’ll know whether you have been allotted shares. If successful, you can proceed to view further details and track your shares.

4. Using Your Demat Account

Once the IPO allotment process is complete, the allotted shares will be credited directly to your demat account. You can log in to your Depository Participant (DP) account, where you hold your demat and trading accounts, to check if the shares have been credited. If the shares are successfully allotted, you will see them in your holdings.

Understanding Grey Market Premium (GMP) and How to Check It

Before the shares of Ather Energy are officially listed on the stock exchange, there is often a buzz about the Grey Market Premium (GMP). The GMP refers to the unofficial price at which IPO shares are traded in the grey market before listing. It’s an indicator of the demand for the IPO and gives an idea of how the stock might perform once it hits the exchange.

What is GMP?

• GMP is essentially the extra amount over and above the IPO price that investors are willing to pay in the unofficial market. For example, if an IPO is priced at ₹500 per share and the GMP is ₹50, the share is expected to list at ₹550 on the stock exchange.

• Significance of GMP: A positive GMP indicates strong demand, while a low or negative GMP could suggest weaker interest in the stock. Monitoring GMP helps investors understand the potential listing price and decide whether to apply for the IPO.

How to Check the Latest GMP?

To track the latest GMP of Ather Energy IPO, here’s what you can do:

• Check Stock Market Forums: Many stock market forums and communities like MoneyControl, Zerodha Varsity, and TradingQ&A provide daily updates on GMP.

• Follow Financial News Websites: Reputable financial websites also track the GMP of various IPOs. Websites like LiveMint, Economic Times, and Business Today often feature articles discussing the GMP of IPOs, including Ather Energy.

• Social Media and Broker Platforms: Traders and investors on platforms like Twitter and StockTwits frequently share real-time GMP updates. Additionally, many online brokers provide the latest IPO information through their apps and websites.

Conclusion: Stay Updated and Make the Most of Your IPO Application

The Ather Energy IPO presents an exciting opportunity for investors to be part of the electric vehicle revolution. Now that you understand how to check the allotment status on the registrar’s website, BSE, and NSE, you can track your application with ease. Furthermore, by staying informed about the latest GMP, you’ll have an idea of the potential listing price and market response.

Remember, if you haven’t been allotted shares, you can always look for new opportunities in upcoming IPOs. Whether you’re a first-time IPO investor or an experienced one, it’s crucial to stay informed and make well-informed decisions. Stay updated, monitor the stock market trends, and keep an eye on the latest IPO opportunities to enhance your investment journey.