Ather Energy Limited IPO Company Profile:
Ather Energy Limited, incorporated in 2013, is an Indian electric two-wheeler (E2W) company involved in the design, development, and in-house assembly of electric scooters, battery packs, charging infrastructure, and supporting software systems. The company operates as a vertically integrated EV manufacturer with a focus on product and technology development.
Objects of the Issue
- Capital expenditure to be incurred by the Company for establishment of an E2W factory in Maharashtra, India.
- Repayment of borrowings.
- Investment in research and development.
- Expenditure towards marketing initiatives.
- General corporate purposes.
Ather Energy Limited IPO Details:
| IPO Date | April 28, 2025 to April 30, 2025 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Issue Price Band | ₹304 to ₹321 per share |
| Lot Size | 46 Shares |
| Total Issue Size | 9,28,67,945 shares (aggregating up to ₹2,981.06 Cr) |
| Fresh Issue | 8,18,16,199 shares (aggregating up to ₹2,626.30 Cr) |
| Offer for Sale | 1,10,51,746 shares of ₹1 (aggregating up to ₹354.76 Cr) |
| Employee Discount | 30.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 29,06,43,469 shares |
| Share Holding Post Issue | 37,24,59,668 shares |
Ather Energy Limited IPO
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Ather Energy Limited IPO
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