Ather Energy IPO Set to Deliver Strong Returns for Early Investors

Promoters and early backers of Ather Energy, including Tiger Global’s Internet Fund III, GIC’s Caladium Investment, NIIF, and

Hero MotoCorp, are poised for major gains as the EV maker’s IPO opens April 28 at Rs 304–321 per share. The total issue size stands at Rs 2,980.76 crore, valuing Ather at nearly Rs 11,956 crore.