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Ather Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apiece - The Economic Times
Ather Energy successfully raised Rs 1,300 crore via a qualified institutional placement. The company also secured Rs 1,200 crore from existing investors, totaling Rs 2,500 crore. These funds will support manufacturing expansion and new product development initiatives. Ather plans to invest significantly in a new Maharashtra facility to boost production capacity. This capital infusion follows a recent IPO and strengthens Ather's market position.
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economictimes.indiatimes.com
Ather Energy raises Rs 1,300 crore via QIP, allots shares at Rs 1,202 apiece - The Economic Times
Ather Energy successfully raised Rs 1,300 crore via a qualified institutional placement. The company also secured Rs 1,200 crore from existing investors, totaling Rs 2,500 crore.…
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thehindubusinessline.com
Ather Energy raises ₹1,300 crore through QIP to fund manufacturing expansion
Ather Energy raised ₹1,300 crore through an oversubscribed QIP to fund manufacturing expansion and product development, attracting strong institutional investors.
