SMC Global Securities Limited

7️⃣ What’s Attractive Here? ✅ In-house manufacturing and assembling (Tech + Manufacturing under one roof) ✅ Strong EV brand with growing sales ✅ IP-rich business model ✅ Hero MotoCorp backing ✅ Clear capital allocation It ticks many long-term boxes.

9️⃣ Ather Energy’s IPO is a key moment in India’s EV story. If you're a long-term investor who believes in India's clean mobility shift, Ather could be worth watching. Just don’t skip your own research. Did you find this useful? #IPO #AtherEnergy #StockMarketIndia #IPO #AtherEnergy #StockMarketIndia

5️⃣ IP & Innovation Moat Ather owns: ▪️303 Trademarks ▪️201 Designs ▪️45 Granted Patents ▪️400+ Global filings pending This is huge. IP = moat. It shows how serious they are about long-term defensibility.

2️⃣ IPO Timeline & Price Band 🗓 Opens: April 28, 2025 (Today) 🗓 Closes: April 30, 2025 > Price Band: ₹304 – ₹321 per share > Lot Size: 46 Shares 📈 Listing: May 6, 2025 (Tentative) on NSE & BSE You’ll have just 3 days to apply — mark your calendars. https://t.co/1L0F45ucwd

One of the most electric IPO of 2025 is here! Backed by Hero MotoCorp, Ather Energy is planning to raise ₹2,981 Cr through a combination of fresh issue and offer-for-sale. ⚡ Issue Dates: 28th April to 30th April ⚡ Price Band: ₹304 to ₹321 per share ⚡ Lot Size: 46 shares https://t.co/DyDR2whvte

3️⃣ What is Ather Energy? Started in 2013, Ather is an EV company that does everything in-house: - Scooters - Batteries - Charging Stations - Software That’s rare. It’s not just a vehicle company — it’s a tech-powered EV ecosystem. https://t.co/QS21JyRdDB

6️⃣ Objects of the Issue — Where’s the Money Going? Ather plans to use IPO funds for: 🏭 ₹927.2 Cr → New E2W factory in Maharashtra 🏦 ₹40 Cr → Loan repayments 🔬 ₹750 Cr → R&D investment 📢 ₹300 Cr → Marketing initiatives 🗂️ Balance → General corporate purposes This https://t.co/PcTczftVJ0

8️⃣ What should you watch out for? ⚠️ EV industry = Capex heavy ⚠️ Profitability is still a question ⚠️ Market competition is rising ⚠️ Valuation at upper band could be aggressive New-Age EV Model - There might be some hidden risks too.

1️⃣IPO Size & Structure Total Issue Size: ₹2,980.76 Cr ▪️Fresh Issue: ₹2,626.00 Cr ▪️Offer for Sale (OFS): ₹354.76 Cr The large fresh issue = growth focus. OFS is small = promoters are holding confidence. 👉Use of funds? Likely for R&D, network expansion, and debt repayment. https://t.co/UjENPOJ3rR