{"id":3875,"date":"2024-09-09T15:07:29","date_gmt":"2024-09-09T09:37:29","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=3875"},"modified":"2024-09-09T15:07:31","modified_gmt":"2024-09-09T09:37:31","slug":"ather-energy-files-for-rs-3100-crore-ipo-including-fresh-issue","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/ather-energy-files-for-rs-3100-crore-ipo-including-fresh-issue\/","title":{"rendered":"Ather Energy Files for Rs 3,100 Crore IPO, Including Fresh Issue"},"content":{"rendered":"\n<p>Electric two-wheeler manufacturer <strong>Ather Energy<\/strong> has filed for an <strong>Initial Public Offering (IPO)<\/strong>, including a <strong>fresh issue<\/strong> of shares worth <strong>Rs 3,100 crore<\/strong>, according to a draft red herring prospectus submitted on September 9. The IPO also includes an <strong>offer for sale (OFS)<\/strong> of up to <strong>22 million shares<\/strong> by investors and promoters.<\/p>\n\n\n\n<p>Founders Tarun Sanjay Mehta and Swapnil Babanlal Jain will offload 1 mn shares each in the OFS. Among other key shareholders, Caladium Investment Pte Ltd, National Investment and Infrastructure Fund II, and 3State Ventures Pte. Ltd will also offload their shares.<\/p>\n\n\n\n<p>The proceeds from the IPO would form a new manufacturing facility in Maharashtra and contribute towards continuing research and development. Ather&#8217;s existing facility is at Hosur, Tamil Nadu, while this new plant will be in Chattrapati Sambhaji Nagar, Maharashtra seriously penetrating the center of electric two-wheelers.<\/p>\n\n\n\n<p>This comes after its key competitor in the electric vehicle market, Ola Electric, successfully listed.<em>Do&nbsp;you have a news tip for Lakshmishree reporters? Please email us at&nbsp;<\/em>media@lakshmishree.com<\/p>\n\n\n\n<p><sub><sup>Source:\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/business\/ipo\/indian-electric-two-wheeler-maker-ather-energy-files-for-ipo-12817544.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/ipo\/indian-electric-two-wheeler-maker-ather-energy-files-for-ipo-12817544.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric two-wheeler manufacturer Ather Energy has filed for an Initial Public Offering (IPO), including a fresh issue of shares worth Rs 3,100 crore, according to a draft red herring prospectus submitted on September 9. The IPO also includes an offer for sale (OFS) of up to 22 million shares by investors and promoters. Founders Tarun [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[345],"class_list":["post-3875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-ather-energy-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=3875"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3875\/revisions"}],"predecessor-version":[{"id":3877,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/3875\/revisions\/3877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/3876"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=3875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=3875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=3875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}