Retail Portion Subscribed 50% On Day 1 So Far

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SUMMARY

As per BSE data, retail individual investors (RIIs) had bid for 48.73 Lakh shares against 97.34 Lakh shares on offer as of 2:18 PM today

Ather’s IPO comprises a fresh issue size of INR 2,626 Cr and an offer for sale component of 1.1 Cr shares

Last week, the EV maker raised INR 1,340 Cr in its anchor round led by SBI Mutual Fund

The initial public offering (IPO) of electric two-wheeler maker Ather Energy is witnessing steady demand from retail investors, who have subscribed 50% of the portion reserved for them on…



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Retail Portion Subscribed 50% On Day 1 So Far


SUMMARY

As per BSE data, retail individual investors (RIIs) had bid for 48.73 Lakh shares against 97.34 Lakh shares on offer as of 2:18 PM today

Ather’s IPO comprises a fresh issue size of INR 2,626 Cr and an offer for sale component of 1.1 Cr shares

Last week, the EV maker raised INR 1,340 Cr in its anchor round led by SBI Mutual Fund

The initial public offering (IPO) of electric two-wheeler maker Ather Energy is witnessing steady demand from retail investors, who have subscribed 50% of the portion reserved for them on…



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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