26/4/2025, 11:00:04 am

Ather Energy raises ₹1,340 crore from 36 anchor investors ahead of IPO

Electric vehicle maker Ather Energy has secured ₹1,340 crore from anchor investors ahead of its upcoming initial public offering (IPO). The shares were allotted at ₹321 each. Domestic mutual funds secured 49.6% of the 4.18 crore shares allocated. The IPO, priced between ₹304-321, will open on April 28 and close on April 30.