Should I apply for Ather Energy Limited IPO?
Based on our analysis, our rating for Ather Energy Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Ather Energy Limited IPO?
Negative cash flows from operations since incorporation. Limited to two products, heavily reliant on Ather 450X sales. Heavily dependent on key management, changes may impact the company.
What are the strengths of Ather Energy Limited IPO?
In-house R&D delivers innovative features like touchscreen dashboards. Quality focus allows the company to sell products at a premium price. Excels in performance scooters and is diversifying into motorcycles.
What is the price band of Ather Energy Limited IPO?
The price band for Ather Energy Limited IPO is 321-321. The IPO has closed.