New Launch1 May 2025, 11:20 pm
Hero MotoCorp's Partner Ather Energy Files Prospectus for INR 26,260 Million IPO
AI Summary
Hero MotoCorp Ltd. has informed about Ather Energy Limited's filing of a Prospectus dated April 30, 2025 with the Registrar of Companies, Securities and Exchange Board of India, BSE Limited, and National Stock Exchange of India Limited. The IPO includes a fresh issue of equity shares worth INR 26,260 million and an offer for sale of equity shares by certain existing and eligible shareholders, amounting to 11,051,746 shares. This information is submitted for records.
Key Highlights
- Ather Energy has filed a Prospectus for an IPO of equity shares worth INR 26,260 million
- The IPO includes a fresh issue of equity shares and an offer for sale by existing shareholders
- The offer for sale includes 11,051,746 equity shares
- The Prospectus has been filed with the Registrar of Companies, Securities and Exchange Board of India, BSE Limited, and National Stock Exchange of India Limited