Page 3 - Ather Energy

Stock Market Close Highlights: Sensex surges 1,006 pts, Nifty tops 24,300 as Reliance soars 5%

Sensex Today | Stock Market Close Highlights: Reliance alone contributed 400 points to the BSE Sensex on Monday; ICICI Bank, Axis Bank, HDFC Bank and SBI were the other key contributors.

Ather Energy IPO opens today: GMP falls flat; should you subscribe?

The Ather Energy IPO GMP has plunged sharply from ₹20 or 6 per cent recorded on Wednesday, April 23, when the company announced its price band for the public offering

Street signs: Banking stocks run out of steam, Sebi's shift to e-office

The Securities and Exchange Board of India (Sebi), based in Mumbai's Bandra Kurla Complex, is set to overhaul its operations by adopting a fully digital 'e-office' system

Ather Energy garners Rs 1,340 cr from anchor investors ahead of IPO

Electric two-wheeler maker Ather Energy Ltd on Friday said it has mobilised Rs 1,340 crore from anchor investors days ahead of the launch of its initial share sale for public subscription. The Ather Energy IPO opens for public subscription on April 28. Some of the key anchor investors who were allocated shares include Custody Bank of Japan, Franklin Templeton, Abu Dhabi Investment Authority, Eastspring Investments, Morgan Stanley Investment Management and Societe Generale. PSBI Mutual Fund (MF), Aditya Birla Sun Life MF, ICICI Prudential MF, Invesco MF, Aditya Birla Sun Life Insurance, ITI MF and Union MF are among the anchor investors. According to a circular uploaded on BSE's website, the electric two-wheeler maker has allotted 4.17 crore shares to 36 funds at Rs 321 apiece, which is also the upper end of the price band. This aggregates the transaction size to Rs 1,340 crore. The Rs 2,981-crore public issue, with a price band of Rs 304 to Rs 321 a piece, will be available for pu

IPO-bound Ather Energy banks on upcoming Maharashtra unit for growth

Sets price band of Rs 304-321 per share for IPO which opens on April 28

Ather's valuation set to drop 44% ahead of IPO amid global market turmoil

India was the world's second-largest market by IPO proceeds in 2024 but listings are down 15% this year, data compiled by LSEG showed

Ather Energy sets IPO price band in range of ₹304 to ₹321 per share

The Tiger Global-backed company trimmed its IPO size on Tuesday to ₹2,626 crore ($308.3 million), down from its initial aim of raising ₹3,100 crore

Ather Energy cuts IPO size by 25% to ₹3,000 crore, delays launch to May

Ather goes ahead with IPO despite global volatility and market slump triggered by Trump's tariff shock; valuation also revised downward

EV maker Ather considers cutting IPO size by $50 mn amid market chaos

Ather is still planning to go ahead with the IPO in the coming weeks despite the fresh volatility in global stock markets

Market turmoil casts dark clouds over LG Electronics India, Ather IPOs

Both companies had planned to launch their offerings this month

More competition boosts customer confidence in EV tech: Ather Energy CTO

In the past, we have launched many products in the market, from generation 4 to generation 5, to Apex, Rizta, and Halo, said Ather Energy CTO

Focusing to scale up business sustainably, says Ather CEO Tarun Mehta

Speaking on the sidelines of TiECon, Mehta stated that Ather's focus remains on scaling its business, as the company is bullish on expanding its market beyond South India

Electric scooter maker Ather Energy expands facility to boost R&D

Spanning 38,692 sq ft, the facility is designed to validate durability and safety across vehicle, system, and component levels

Ather Energy launches multi-language dashboard for Rizta electric scooter

The new feature will allow riders to view their scooter's information and interact with the dashboard

2025 Ather 450 Series debuts in India with new features at Rs 1.30 lakh

The update brings improved range and a slew of new features to the electric scooter

Schloss Bangalore, Ather Energy, 4 others get Sebi's nod to float IPO

Sebi has cleared proposals of six companies, including Leela Palace parent firm Schloss Bangalore, EV player Ather Energy and Oswal Pumps, to launch their initial public offerings. The six companies filed their draft IPO papers with Sebi from September 10 to 23 and obtained the regulator's observations on December 23-27, an update with the markets regulator showed on Monday. The companies are Ivalue Infosolutions Ltd, Ather Energy, Oswal Pumps, Quality Power Electrical Equipments, Fabtech Technologies and Schloss Bangalore Ltd. In Sebi's parlance, obtaining observations means its go-ahead to float public issues. The Rs 5,000-crore proposed IPO of Schloss Bangalore Ltd, which operates Leela Palaces Hotels & Resorts, is a combination of a fresh issue of equity shares worth Rs 3,000 crore and an offer for sale (OFS) of stocks valued at Rs 2,000 crore by promoter Project Ballet Bangalore Holdings (DIFC) Pvt Ltd. This could be the country's largest IPO in the hospitality ...

e2W companies charge up service network amid increasing complaints

Ather plans to convert all its 215 service centres into Gold service centres. Additionally, Ather's ExpressCare ensures vehicles are serviced and ready within 60 minutes

Ola, Bajaj, TVS in head-to-head battle for electric 2W registrations in Nov

Overall sales cross 1 lakh-mark; Ola Electric has a thin lead over its rivals, accounting for 25.09 per cent share of the total registrations, followed by TVS and Bajaj

Ather Energy sets monthly record with over 20,000 scooters shipped in Oct

The recently launched family scooter, Rizta, has been a significant contributor, accounting for approximately 60 per cent-70 per cent of this month's total volume

Fada announces appointment of C S Vigneshwar as new president for 2024-26

The Federation of Automobile Dealers Associations (FADA) on Wednesday announced the appointment of C S Vigneshwar as its President for 2024-26 period. The decision was taken at the 315th Governing Council Meeting, held immediately after the 60th annual general meeting, FADA said in a statement. Vigneshwar is the Managing Director of Anaamalais Toyota based out of Coimbatore, Tamil Nadu, and has other dealerships of Volvo Eicher Commercial Vehicles (VECV) and Ather Energy, it added. He has been a council member of FADA for the last 12 years. Besides, Vigneshwar has been a member of the Apex Consultative Committee of VECV for the last 16 years and a part of the Toyota Dealer Council for 11 years and served as the Head of the Toyota India Service Dealer Council for 7 years, the statement said. FADA said its governing council also elevated Sai Giridhar, MD of Saisha Motors Pvt Ltd (Dealer for Skoda Volvo Cars & MG Motors) based out of Jaipur, as Vice President and Amar Jatin Sheth, ..