Ather Energy’s Rs 1,300-crore QIP subscribed over eight times: sources

July 17, 2026

The QIP, which opened on Wednesday, drew interest from several marquee domestic mutual funds and foreign institutional investors, the people cited above said. The company launched the issue at a floor price of Rs 1,169.70 per share, 10% lower than its share price of Rs 1,298 on Wednesday.

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