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Greaves Electric Mobility files for ₹1,000 crore IPO to expand EV product and manufacturing.
Electric vehicle company Greaves Electric Mobility has filed for an IPO to raise ₹1,000 crore, with additional shares sold by existing investors.
Proceeds will fund product development, battery assembly, and manufacturing expansion.
The company, known for its 'Ampere' brand, operates in two- and three-wheeler EV markets and has three manufacturing facilities.
The IPO is subject to regulatory approvals and market conditions.
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Greaves Electric Mobility presenta una oferta pública inicial de 1,000 millones de rupias para expandir el producto y la fabricación de vehículos eléctricos.