๐๏ธ Ather Energy IPO: Key Highlights ๐
Ather Energy's IPO is open for subscription from April 28 to April 30, 2025. The company plans to raise โน2,981 crore, with โน2,626 crore as fresh issue and โน355 crore as offer for sale. ๐ IPO Details: โข Price Band: โน304โโน321 per share โข Lot Size: 46 shares โข Anchor Investors: Raised โน1,340 crore from big names like SBI Mutual Fund and Abu Dhabi Investment Authority ๐ Subscription Status (Day 2): โข Retail Investors: Fully subscribed (1.01x) โข Overall: 0.24x subscribed so far ๐ก Despite slashing its IPO valuation by 44% (now ~$1.4B), Ather is drawing strong retail interest!
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