Ather Energy

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Sebi Clears IPO Proposals for Six Companies

Sebi has approved IPO proposals for six companies, including Schloss Bangalore and Ather Energy.
The IPOs include a mix of fresh equity issues and offers for sale, with proceeds aimed at various corporate purposes.
Schloss Bangalor...

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Electric two-wheeler registrations fell by 18% MoM in November to 1.14 lakh units.
Ola Electric’s registrations dropped 33%, while TVS Motor nearly matched its numbers.
Despite a sales dip, Bajaj Auto and Ather Energy maintained ...

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Ather Energy has filed for an IPO, aiming to raise about ₹3,100 crores through fresh shares and offers for sale.
In FY24, Ather reported revenues of ₹1,700 crores but faced losses of ₹1,000 crores, partly due to reduced FAME subsidie...

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Honda Motorcycle & Scooter India (HMSI) plans to launch its first electric vehicle, the Activa Electric, by the end of this fiscal year.
The new EV will feature advanced technology like a touchscreen infotainment unit, connected feat...

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Ather Energy is preparing for its IPO, with Hero MotoCorp retaining its shares while founders and investors plan to sell.
The IPO will include a fresh issue of shares worth Rs 3,100 crore and an offer for sale of up to 2.2 crore equi...

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The Competition Commission of India (CCI) has approved the National Investment and Infrastructure Fund's (NIIF) proposal to buy more shares in Ather Energy.
The deal was approved under the green channel route, a fast-track approval p...

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Ather Energy is planning to file its draft red herring prospectus (DRHP) with SEBI next week for an INR 4,500 Cr IPO, targeting a valuation of around $2.5 Bn.
This move follows Ola Electric's public debut, which raised over INR 6,145...

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Top comments

Wow proud of what they’ve accomplished. Love the Ather product Heard they came very close to going bankrupt in ...

Even though they have the best product out there, marketing matters. If I ask a common man in my Tier 3 town about At...

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Ather Energy, an electric two-wheeler manufacturer, secured $71 Mn (INR 600 Cr) from National Investment and Infrastructure Fund (NIIF), valuing the company at $1.3 Bn post-money.
NIIF was an investor in Ather's Series E round, which...

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Ather Energy, the e-scooter manufacturer, saw its losses increase by 23% to Rs 1,059 crore ($128 million) in FY24, up from Rs 864 crore ($104 million) the previous year. Revenue rose slightly to Rs 1,789.10 crore ($215 million) from Rs...

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Google Maps is rolling out an AI model to help drivers navigate narrow roads and flyovers in India, using satellite imagery and Street View data to estimate road width and other factors.
The app will now allow users to book local tra...