Company Intelligence Profile
Ather Energy Limited
Ather Energy Limited designs, makes and sells electric scooters in India, with its own charging network and connected-vehicle software.
Last updated 26 October 2026
Ather Energy Limited designs, manufactures and sells electric scooters in India. It also runs its own charging network and builds connected-vehicle software. The company was incorporated on 21 October 2013 and is registered in Bangalore, Karnataka. It completed its IPO on the NSE and BSE in May 2025. Open charges stand at ₹1,092 Cr.
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Company Identity
| Registered name | Ather Energy Limited |
|---|---|
| CIN | U40100KA2013PLC093769 |
| Status |
|
| Listing | Listed — listed on NSE and BSE since May 2025 |
| Incorporated | 21 October 2013 |
| ROC | RoC Bangalore (Karnataka) |
| Sector (NIC) | Automotive & EV |
| Registered address | 3rd Floor, Tower D, IBC Knowledge Park, #4/1, Bannerghatta Main Road, Bangalore, Karnataka - 560029 |
| Authorized capital | ₹100.0 Crore |
| Paid-up capital | ₹39.4 Cr vs ₹38.33 Cr |
Business Overview
- Ather Energy Limited designs, manufactures and sells electric scooters in India.
- It also runs its own charging network, called Ather Grid, and builds connected-vehicle software.
- The company was founded in 2013 and is headquartered in Bengaluru, Karnataka.
- It is listed on the NSE and BSE.
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Tarun Sanjay Mehta | 06392463 | Whole-time Director & Co-founder | - |
| Swapnil Babanlal Jain | 06682759 | Whole-time Director & Co-founder | - |
| Pankaj Sood | 05185378 | Director | - |
| Niranjan Kumar Gupta | 07806792 | Director | - |
| Pawan Munjal | 00004223 | Director | - |
| Suman Kant Munjal | 00002803 | Director | - |
| Renuka Munjal | 00003882 | Director | - |
| Renu Munjal | 00012870 | Director | - |
| Nilesh Shrivastava | 09632942 | Director | - |
| Ram Kuppuswamy | 09817635 | Director | - |
| Neelam Dhawan | 00871445 | Director | - |
| Sanjay Nayak | 01049871 | Director | - |
| Kaushik Dutta | 03328890 | Director | - |
Source: MCA records via tofler.in
Funding
- IPO on NSE and BSE completed in May 2025.
Charges & Borrowings
| Open charges | ₹1,092 Cr |
|---|---|
| Satisfied charges | ₹1,238 Cr |
| Lender | Axis Bank - ₹300 Cr |
| Lender | HSBC - ₹188.5 Cr |
| Lender | Catholic Syrian Bank - ₹100 Cr |
Source: MCA records via thecompanycheck.com
Competitors
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