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Kundan Motwani

29th Apr 2025 ยท SEBI-Registered Analyst

๐Ÿ๏ธ Ather Energy IPO: Key Highlights ๐Ÿ“ˆ

Ather Energy's IPO is open for subscription from April 28 to April 30, 2025. The company plans to raise โ‚น2,981 crore, with โ‚น2,626 crore as fresh issue and โ‚น355 crore as offer for sale. ๐Ÿ“Œ IPO Details: โ€ข Price Band: โ‚น304โ€“โ‚น321 per share โ€ข Lot Size: 46 shares โ€ข Anchor Investors: Raised โ‚น1,340 crore from big names like SBI Mutual Fund and Abu Dhabi Investment Authority ๐Ÿ“Š Subscription Status (Day 2): โ€ข Retail Investors: Fully subscribed (1.01x) โ€ข Overall: 0.24x subscribed so far ๐Ÿ’ก Despite slashing its IPO valuation by 44% (now ~$1.4B), Ather is drawing strong retail interest!

#IPO
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