Ather Energy, a manufacturer of two-wheeled electric vehicles (EVs), said on Monday, September 9, 2024, that it has filed for an IPO of ₹3,100 crore in its draft red herring prospectus (DRHP).
22,000,766 equity shares having a face value of ₹1 each are offered for sale (OFS) as part of the IPO.
Axis Capital Limited, JM Financial Limited, HSBC Securities and Capital Markets (India) Private Limited, and Nomura Financial Advisory and Securities (India) Private Limited are the bookrunning lead managers.
The registrar of the issue is Link Intime India Private Limited.
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