Facebook Twitter Linked In Whatsapp Gmail Electric two -wheeler manufacturer Aather Ltd (the much awaited public issue (IPO) will open on 28 April of the much awaited Rs 2,626 crore of Ather Energy Ltd. This will be the first public issue to be listed on BSE and NSE from the current financial year (2025-26). According to IPO documents (RHP), a three -day public issue of Ather Energy will be closed on 30 April and bid for anchor investors, for one day, opening on 25 April. The proposed IPO is a combination of new issues of equity shares worth Rs 2,626 crore and offer for sales of 1.1 million equity shares by promoters and other shareholders. Ather is intended to raise funds for the establishment of an electric two -wheeler factory in Maharashtra and a reduction in debt. After the Ola Electric Mobility released an IPO of Rs 6,145 crore in August last year, it will be the second electric two -wheeler company thinking of going public. Apart from IPO plans, Ather Energy is also expanding its research and development capabilities. (With agency input) First Published – April 22, 2025 | 9:00 PM IST Facebook Twitter Linked In Whatsapp Gmail related posts
Ather Energy will come on April 28
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