Ather Energy cuts IPO fresh issue size to Rs 2,626 crore

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Electric vehicle manufacturer Ather Energy is looking to raise Rs 2,626 crore from the fresh issue portion of its initial public offering, according to the red herring prospectus for the offer submitted with markets regulator Sebi on Tuesday.

The electric scooter maker has reduced its fresh issue size from Rs 3,100 crore.

(This is a developing story. )



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Ather Energy cuts IPO fresh issue size to Rs 2,626 crore



Electric vehicle manufacturer Ather Energy is looking to raise Rs 2,626 crore from the fresh issue portion of its initial public offering, according to the red herring prospectus for the offer submitted with markets regulator Sebi on Tuesday.

The electric scooter maker has reduced its fresh issue size from Rs 3,100 crore.

(This is a developing story. )



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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