{
}
Ather Energy's upcoming IPO is set to generate Rs 530 crore for its employees through Employee Stock Ownership Plans (Esops). This initiative aims to enhance employee engagement and investment in the company's future growth.
Promoters and early backers of Ather Energy are anticipating significant returns as the company prepares for its initial public offering (IPO). This move is expected to capitalize on the growing interest in electric vehicles and the company's innovative technology. Investors are keenly watching the developments as the IPO approaches.
Ather Energy has announced a price band of INR 304-321 for its upcoming IPO. This move is part of the company's strategy to attract investors as it prepares for its public offering. The pricing reflects the company's growth potential in the electric vehicle market.
Ather Energy has reduced its IPO size by 18% to ₹26.26 billion (US$308.3 million) amid challenging market conditions, targeting a post-money valuation of US$1.4 billion. The company will sell 11.1 million shares, down from 22 million, as existing shareholders adjust their exit expectations. This move reflects a broader trend of cooling investor sentiment in India's EV market, where profitability is increasingly prioritized over growth metrics.
Ather has successfully reduced its losses by over 25% in the first nine months of FY24, positioning itself favorably ahead of its upcoming IPO. This financial improvement reflects the company's strategic efforts to enhance operational efficiency and market presence.
Ather Energy has filed its Red Herring Prospectus (RHP) while also reducing the size of its initial public offering (IPO). This move indicates a strategic adjustment as the company prepares for its market debut. Further details on the offering are anticipated as the process unfolds.
Ather Energy has reduced the size of its initial public offering (IPO) fresh issue to Rs 2,626 crore. This adjustment reflects the company's strategic financial planning as it prepares for its market debut.
Ather Energy is considering a reduction in the size of its initial public offering (IPO) due to prevailing market uncertainties. This decision reflects the challenges faced by companies in navigating a fluctuating economic landscape.
Ather Energy, the Indian electric vehicle manufacturer, is reportedly considering a $50 million reduction in its planned $400 million IPO due to current investors offering fewer shares. Despite market fluctuations, the company aims to proceed with the IPO in the coming weeks, potentially adjusting its valuation. If conditions worsen, Ather may explore private placement as an alternative. The decision reflects broader challenges in the EV market, where companies are increasingly evaluated on profitability rather than future potential. Ather's premium positioning and focus on quality have established its brand, but its sales growth lags behind competitors, raising questions about its scalability.
TiEcon Mumbai 2025 concluded successfully, emphasizing the 'Dhanda First' philosophy, which prioritizes business fundamentals and ethical entrepreneurship. Key speakers highlighted India's potential for tech giants, the need for substantial early-stage funding, and the importance of compassionate capitalism in fostering sustainable growth. The summit showcased insights on AI, quick commerce, and the critical role of Mumbai in driving innovation and economic expansion.
Ather Energy Ltd.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Ather Energy plans IPO to provide 530 crore in employee Esops
09:23 24.04.2025
Ather Energy promoters anticipate significant returns from upcoming IPO
16:07 23.04.2025
Ather Energy announces IPO price band between 304 and 321 INR
07:07 23.04.2025
Ather Energy reduces IPO size amid shifting investor sentiment in Indian EV market
06:55 23.04.2025
Ather reduces losses by over 25 percent ahead of IPO
15:34 22.04.2025
Ather Energy reduces IPO size after filing RHP
14:48 22.04.2025
Ather Energy reduces IPO fresh issue size to 2626 crore rupees
14:34 22.04.2025
Ather Energy plans to scale back IPO due to market uncertainty
12:34 09.04.2025
Ather Energy plans significant reduction in upcoming IPO amid market challenges
09:15 09.04.2025
tiEcon Mumbai 2025 highlights dhanda first philosophy for sustainable entrepreneurship
United States Dollar
Indian Rupee
Ather Energy Ltd.
Infosys Ltd
Marico Limited
IND
Ritesh Agarwal
T.V. Mohandas Pai
Shaleen Sinha
Trivikraman Thampy
Arvind Kumar
Tarun Mehta
Atul K. Nishar
Amrit Acharya
Harsh Mariwala
N. R. Narayana Murthy
Show more
08:56 26.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Finance Mergers & Acquisitions
Global Financial Events
Banking Regulations
Retail and Consumer Goods
Market Analysis and Predictions
CEO Changes
Global Trade Developments
Industry Mergers & Acquisitions
Energy Sector Developments
Startups & Entrepreneurship
Supply Chain Management
Financial Scams and Security
Government Policies
Central Bank Actions
Government Economic Policies
Domestic Politics
Workplace Trends
Countries:
Companies:
Tesla, Inc.
Barclays PLC
BNP Paribas SA
JPMorgan Chase & Co.
Apple Inc.
Raiffeisen Bank International AG
Deutsche Bank RV Global PP
Bank of America Corporation
UBS Group AG
NVIDIA Corporation
Morgan Stanley
Capital One Financial Corporation
The Goldman Sachs Group, Inc.
Citigroup Inc.
Berkshire Hathaway Inc.
Amazon.com, Inc.
SpaceXCoin USD
Commerzbank AG
Credit Suisse Real Estate Fund Siat
Wells Fargo & Company
Currencies:
United States Dollar
Euro
Chinese Yuan
Indian Rupee
Swiss Franc
British Pound Sterling
Vietnamese Đồng
Japanese Yen
Australian Dollar
Hong Kong Dollar
United Arab Emirates Dirham
Russian Ruble
Singapore Dollar
South Korean Won
Thai Baht
Norwegian Krone
Danish Krone
Swedish Krona
Ghanaian Cedi
Canadian Dollar
People: