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Ather Energy, an Indian electric scooter maker, plans to launch its IPO on April 28, aiming to raise ₹2,626 crore.
Ather Energy, an Indian electric scooter maker, plans to launch its IPO on April 28, aiming to raise ₹2,626 crore.
The reduced IPO size, down from ₹3,100 crore, includes funds for a new manufacturing plant in Maharashtra and other initiatives like R&D and marketing.
The company saw a 21% sales increase in 2024, capturing 10.7% of the market.
This will be the second electric two-wheeler company to go public in India.
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Ather Energy, un fabricante indio de scooters eléctricos, planea lanzar su IPO el 28 de abril, con el objetivo de recaudar ₹ 2,626 crores.