ather energy ipo gmp

Ather Energy IPO Day 2: Subscription status, GMP trends, price band to review —Should you apply?

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Ather Energy IPO Day 2: Subscription status, GMP trends, price band to review —Should you apply?

Ather Energy’s initial public offering struggled to gather strong investor interest on the second day of bidding, with the overall subscription reaching just over 30% as of 05:09 PM on Tuesday, April 29.Retail investors led the demand, subscribing 1.19 times of their allocated quota, while non-institutional investors (NIIs) subscribed 28%. The Rs 3,000-crore offering closes … Read more

Ather Energy IPO to open for subscription as GMP stays weak. Should you bid?

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Ather Energy IPO to open for subscription as GMP stays weak. Should you bid?

The initial public offer (IPO) of Ather Energy will open for subscription today. The company is planning to raise about Rs 2,981 crore through the IPO, where it is offering fresh equity shares of 8.18 crore and an offer for sale (OFS), which comprises 1.1 crore shares. Under the OFS, promoters Tarun Sanjay Mehta and … Read more