Ather Energy on Friday raised ₹ 1,340 million rupees of Anchor investors, which included several marquee names.
The Ather Energy Board, in consultation with the book that executes the main managers: Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, JM Financial Limited and Nomura Financial Advisory and Securities (India) Private Limited Limited Limited Limited ₹ 321 per action.
The Anchor Investors Include Franklin Offshore, Abu Dhabi Investment Authority, Societe Generale, BNP Paribas, Morgan Stanley, SBI Mutual Fund, Investco MF, ICICI Prudential Mutual Fund, Aditya Sun Lifs, Esta Life, Eastment, Eastment, Eastment, Eastment, Eastment, Eastment, Eastment, Eastment, Eastment EASTMENT, EASTMENT, EASTMENT, EASTMENT, EASTMENT, EASTMENT, EASTMENT, EASTMENT, EASTMENT, EASTMENT, EASTMENT, SUNDALD, EASTMENT, SUNDALD, SUNDALD, SUNDALD, SUNDALD, SUBSTAL, SUNTUAL, SUTITUAL LIFE LIFE LIFE LIFE LIFE LIFE LIFE LIFE LIFE LIFE LIF Life Life Life Life Life Life Life SuncualssssssSepseprate. Prudential Hong Kong, Tocu Europe III SARL, Tata Investment Corporation and Union Innovation & Opportunities.
The 2,980 million OPI of Ather Energy rupees will open on a price band of ₹ 304–321 per share on Monday. OF THIS, ₹ 2,626 Crore Will Be a Fresh Issue, While The Remainder Will Be An Sacrifice for Sale By The Promoters (Tarun Mehta and Swapnil Jain) and other Shareholders, Including Caladium Investment Pte, National Investment and Infrastration Fund II, and and and and and and and and and Ii), and and and and II), and and and and and II), and and II), and and II, and and II, and II), and II, and II), and II) and II, and iiifiutiate IIifiatate II), and iiifiutiate IIifiate II). Iitms Rural Technology Business Incubator.
Of the ₹ 2,626 million rupees that will be collected through the new theme, ₹ 927.2 million rupees will be assigned to establish a new manufacturing installation of two electric wheels in Maharashtra. They are allocated to ₹ 750 million additional rupees for investments in research and development, while ₹ 300 million rupees will be used for marketing initiatives. The company also plans to use ₹ 40 million rupees for debt reimbursement.
Posted on April 25, 2025