Ather Energy plans Rs 2,626 crore IPO to expand production and reduce debt

April 28, 2025

Ather Energy plans to raise ₹2,626 crore through an IPO to fund expansion and R&D, while offering ₹355 crore in an offer for sale. Despite ongoing losses, Ather has shown volume growth with its new ‘Rizta’ model, increasing its market share.

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