Live: Ather Energy IPO Opens| Management On Future Roadmap| First Mainboard IPO Of FY26

Bengaluru-based electric vehicle manufacturer Ather Energy’s Rs 2,981 cr IPO opens for subscription. The EV maker has raised Rs 1,340 crore from institutional investors through its anchor book on April 25. Prominent investors such as SBI Mutual Fund, Aditya Birla Sun Life AMC, Franklin Templeton, Abu Dhabi Investment Authority, ICICI Prudential Mutual Fund, Prudential Hong Kong, Eastspring Investments, Invesco India, and Morgan Stanley participated in the anchor round. The IPO includes a fresh issue of shares worth Rs 2,626 crore and an offer-for-sale (OFS) of 1.1 crore shares valued at Rs 354.76 crore by existing shareholders. The price band for the offering has been set at Rs 304–321 per share. Catch Nandita Khemka in conversation with Tarun Mehta, ED & CEO and Sohil Parekh, CFO on the post-IPO roadmap.

#atherenergy #atherrizta #ather450s #ipo #electricvehicles #electricscooter
#nse #bse #openingbell #stockmarket #nifty50 #sensex

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