Price Band: ₹304 and ₹321 per equity share.
Lot Size: Retail investors can bid for a minimum of 46 shares, amounting to ₹14,766
Dates: 28-30 April 2025
Utilization of IPO Proceeds: The funds raised through the IPO will be utilized for:
- Establishing a new manufacturing facility in Maharashtra.
- Expanding research and development efforts.
- Marketing initiatives.
- Debt repayment
Unlike the rest of the market Ather positions itself as a premium scooter manufacturer and earns the respect of the market for the timely service and maintenance it provides. It also has some of the coolest accessories.
PLUS POINTS OF ATHER:
Ather Energy is the company that started the eScooter Revolution in India… for Indians by Indians.
Swapnil & Tarun were hell bent on creating the fastest scooter in India and achieved that feat.
Ather finally proved to the public that eScooters are not weak, feeble and slow. Many people before Ather used to ask if eScooters could climb flyovers?
Being a pure EV company or ONLY EV company has its own advantages and efficiencies.
Unlike their competitors Ather & Ola Electric have (no petrol 2wheelers and ) no compulsion to COMPLAIN/PROTEST/PROTECT the fall in sales of petrol 2wheeler, if any… as the electric 2wheelers get more and more popularity.
As eScooters become more popular … and the PRICE of Petrol keep increasing… petrol scooters will eventually lose their charm in the market.
Ather Energy has been a trailblazer in India’s electric scooter market, achieving several notable firsts:
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