The Upcoming IPO: As the Indian stock market regained lost ground, the first mainboard public offer for the financial year 2025-26 (FY26) by EV maker Ather Energy is set to hit Dalal Street next week.
According to the company’s red herring prospectus (RHP) filed with market regulator SEBI, the initial public offering (IPO) of Ather Energy will open for subscription on Monday, April 28 and close on Wednesday, April 30. The anchor investor bidding date has been fixed as Friday, April 25.
The price band for Ather Energy will likely be declared tomorrow, April 23.
Electric scooter maker Ather Energy has slashed the size of IPO, as it now plans to raise ₹2626 crore via fresh share sale as against its earlier plan of ₹3,100 crore.
Moreover, the offer for sale (OFS) size has also been reduced. The existing shareholders will now offload 11.1 million shares, down from 22 million shares earlier, showed the company’s RHP.
Gold, silver prices in your city, June 8: Gold prices have moderated after weak US economic data ahead of the…
U.S. Border Patrol and protesters clash after a raid was conducted by Immigration and Customs Enforcement near a Home Depot…
The Indian stock market consolidated for the third consecutive week, but also snapped a two-week losing streak, driven by favourable…
Taking the cue from Goldman Sachs' CEO David Solomon's statement that ‘AI can write 95% of an IPO prospectus accurately’,…
Poonam Desai is an ER doctor with two decades of experience who studied and recommended daily practices for a long life…
In the early hours of Wednesday, Donald Trump declared that Xi Jinping was “VERY TOUGH, AND EXTREMELY HARD TO MAKE…