WobblyMuffin
WobblyMuffin

Ather Energy IPO

Any tea on company? Investable or not during IPO? Their product is obviously much better than others but not sure how their product portfolio will pan out. On top of that they are not even EBITA positive and still going public.

6mo ago
1.7Kviews
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BouncyTaco
BouncyTaco

They haven’t filed for IPO right? Where are you getting the options to invest?

WobblyMuffin
WobblyMuffin

Read in the media that they are now public limited instead of private limited. Expecting their DHRP to be out sometime soon.

WobblyMuffin
WobblyMuffin

By EBITA I meant profitability. Idk why I wrote EBITA. Ye VC log unprofitable companies ko IPO karke hum retail walo par shares dump karte he.

PerkyWaffle
PerkyWaffle

I would suggest go for it

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Ather to file IPO next week; Q1 revenue at ₹339 cr

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

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