Ather Energy Sets Price Band Of INR 304-321 For IPO

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SUMMARY

Ather Energy’s IPO will comprise a fresh issue of equity shares aggregating up to INR 2,626 Cr and an offer for sale of up to 1.10 Cr shares

The issue will open for subscription on April 28 and close on April 30

At the upper end of the price band, the company would be valued at about INR 11,955 Cr (about $1.4 Bn)

EV major Ather Energy has set a price band of INR 304 to INR 321 per share for its initial public offering (IPO) that will open for subscription on April 28.

The anchor investor bidding will take place on…



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Ather Energy Sets Price Band Of INR 304-321 For IPO


SUMMARY

Ather Energy’s IPO will comprise a fresh issue of equity shares aggregating up to INR 2,626 Cr and an offer for sale of up to 1.10 Cr shares

The issue will open for subscription on April 28 and close on April 30

At the upper end of the price band, the company would be valued at about INR 11,955 Cr (about $1.4 Bn)

EV major Ather Energy has set a price band of INR 304 to INR 321 per share for its initial public offering (IPO) that will open for subscription on April 28.

The anchor investor bidding will take place 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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