🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Rohan Saha

Founder - Burn Inves... • 1d

Today marks the final day to bid for Ather Energy’s IPO, with the listing scheduled for May 6, 2025. As of now, the IPO has received only about 30% overall subscription. Interestingly, there’s been no participation from QIBs yet hopefully, they’ll step in by the end of the day and pick up the remaining shares. On the GMP front, there’s been a noticeable dip. Before the IPO opened, the grey market premium was around ₹7, but by April 29, it had dropped to just ₹1. Let’s see how much more traction the IPO gains before the bidding closes.

3 replies4 likes

Replies (3)

Anonymous 1

Hey I am on Medial • 1d

Are you kidding me? Ather's valuation is completely detached from reality. They're losing money on every scooter sold, have barely 3% market share, and are asking for a ridiculous P/S multiple that even Tesla would envy. The 30% subscription speaks volumes..smart money knows this is overpriced. The GMP collapse from ₹7 to ₹1 is just the beginning. I predict a 5-10% listing discount, and that's IF the QIBs bail them out today. Classic case of a hyped startup with fancy tech but no path to profitability.

1 replies2 likes

Anonymous 2

Hey I am on Medial • 1d

The underwhelming IPO response isn't about Ather's product (which is excellent) but about timing. They're raising capital right when interest rates are peaking and EV subsidies are uncertain. QIBs are hesitant because Ola Electric's post-IPO performance has been disappointing. That said, Ather has something Ola doesn't: quality control and customer satisfaction. I think QIBs will step in by end of day, but don't expect fireworks on listing. This is a 2-3 year story that needs patience.

0 replies

Recommendations from Medial

Rohan Saha

Founder - Burn Inves... • 5m

Say whatever you want, but Swiggy’s IPO isn’t performing as well as Zomato’s did at one time. Yes, I agree that the times are different, but still, there’s not as much craze around Swiggy’s IPO. Even the GMP (Grey Market Premium) is running a bit low

3 replies3 likes

gray man

I'm just a normal gu... • 1d

Ather Energy’s IPO, valued at INR 2,981 crore, was fully subscribed today, driven by a late surge in demand from qualified institutional buyers (QIBs), who subscribed 1.28 times their allotted portion. By 1:24 PM, the IPO had received bids for 5.66

0 replies15 likes

financialnews

Founder And CEO Of F... • 5m

Niva Bupa IPO allotment date likely today. GMP, steps to check share allotment status online Niva Bupa IPO allotment status online can be checked through the websites of BSE and NSE, and on the official portal of IPO registrar. Kfin Technologies is

3 replies5 likes

Antazya S Jatrana

Building KRATE • 10m

Has any of you people been to Antler's Before Day Zero program?? How's it??

0 replies4 likes

Rohan Saha

Founder - Burn Inves... • 6m

The Hyundai India IPO is not performing as well as expected. By the end of Day 2, it has only received 42% subscription, with the retail segment booking at just 38% so far. The GMP (Grey Market Premium) is also declining, currently at ₹35, which is j

8 replies13 likes

priyank maheshwari

To be enterpreneur • 2m

हां भाई खाते में है तो है। 5 बजने वाली है, जल्दी लगा दे One thing is clear: India's IPO boom offers lucrative exits for VCs and high-valuation investors. However, I believe nearly 90% of individual investors apply solely on the basis of GMP—essentia

0 replies5 likes

Vivek Sharma

If you like this pag... • 7m

Paytm founder Vijay Shekhar Sharma said his biggest regret has been not choosing the right bankers for his company’s initial public offering (IPO) in November 2021. "I have been an entrepreneur long enough now, and my regret is not choosing the corr

0 replies5 likes

Sourav Mishra
•

Codestam Technologies • 14d

“I’m just waiting for the perfect time to start posting.” Bro… it’s been 18 months. There’s no perfect time. There’s now, and there’s never. Your traffic doesn’t care about your timing. It cares about your consistency. Drop a “starting today” if

0 replies5 likes

Inactive

AprameyaAI • 11m

Flipkart's raising funds to turbocharge its quick-commerce venture, upgrade digital infrastructure, and expand its reach. It's about staying ahead in the e-commerce race and gearing up for the big IPO. Might be last round before IPO!

0 replies5 likes

Rohan Saha

Founder - Burn Inves... • 1d

I posted this morning about Ather Energy's IPO, saying that the overall subscription was at 30%. And now, here's another latest update Ather Energy's IPO is now fully subscribed. It might even be slightly oversubscribed by the end of the day.

0 replies2 likes