Ather’s Departure Allows NIIF to Transform ₹375 Crore into ₹1,167 Crore in Merely Three Years
NIIF has cashed out of Ather Energy, achieving a 3.1X return in three years on its investment.
NIIF has cashed out of Ather Energy, achieving a 3.1X return in three years on its investment.
Ather Energy’s IPO showed muted response despite being a respected EV brand and strong market presence.
Ather Energy has allocated shares worth Rs 1,340 crore to anchor investors ahead of its IPO.
Ather Energy will open its IPO from April 28 to April 30, aiming for Rs 2,980.7 crore in total.
Ather Energy sets IPO price band of Rs 304-Rs 321, with total issue size of Rs 2,980.7 crore.