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Ather Energy raises ₹1,300 crore in QIP for manufacturing and product expansion

Ather Energy raised ₹1,300 crore through an eight-times oversubscribed QIP to fund manufacturing expansion and product development, as part of its broader ₹2,500-crore capital infusion plan.

Reported figures

From the report. Source details below

QIP oversubscribed 8 times

Also in the report

  • 1.08 crore equity shares issued

Other figures

  • ₹1,202 per share

The source

Source Read the source at The Hindu BusinessLine

Published

Confirmed by Inc42, YourStory

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