Upcoming IPO: Ather Energy Cuts IPO size, valuation reduced to £ 12,800 Crore: Report | Einsmark news

Upcoming IPO: Ather Energy plans to reduce its IPO size to £ 2,900-3.200 crore of £ 3.500-3.700 crore. The electric two-wheeler business is now seeking a valuation for money of £ 12,800, lower than £ 14,000, due to volatile market conditions and low investor interest. Upcoming IPO: Ather Energy Cut IPO size, valuation reduced to £ 12,800 Crore: Report the upcoming stock exchange: Ather Energy is expected to reduce the size of its bursary trading to between £ 2,900 crore and £ 3,200 crore, from the initial target range to £ 3,500 crore to £ 3.700 CRore, called CNBC-TV18. The electric two -wheeler manufacturer now strives for a valuation after money of about £ 12,800 crore, which is lower than the previous target of £ 14,000 crore. This reduction in the size of the expense is attributed to volatile market conditions and a lack of investor parals, CNBC TV18 said in its report. (More to come) first published: 9 Apr 2025, 01:29 pm Ist