Ather Energy IPO opens today: Should you subscribe to it or give a skip?

Ather Energy IPO opens today: Should you subscribe to it or give a skip?

Ather Energy is offering its shares in the price band of Rs 304-321 apiece, which could be applied for a minimum of 46 shares and its multiples to raise a total of Rs 2,980.76 crore.

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Pawan Kumar Nahar
  • Apr 28, 2025,
  • Updated Apr 28, 2025 9:43 AM IST

The Rs 2,980 crore-initial public offering (IPO) of Ather Energy opens for bidding today, that is, Monday, April 28 and can be subscribed till Wednesday, April 30. The Hero MotoCorp-backed electric two-wheeler maker is offering its shares in the range of Rs 304-321 apiece, which can be applied for a minimum of 46 equity shares and its multiples thereafter.

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"We recommend 'subscribe' to IPO with long term view only as near-term volatility expected till bottom line growth gets stabilized. Ather is operating in the growing market which will shape the future of green transportation. It is expanding its capacity with a new unit at Maharashtra. The debt burden of the company is reducing gradually and It enjoys strong parentage," it said.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.

The Rs 2,980 crore-initial public offering (IPO) of Ather Energy opens for bidding today, that is, Monday, April 28 and can be subscribed till Wednesday, April 30. The Hero MotoCorp-backed electric two-wheeler maker is offering its shares in the range of Rs 304-321 apiece, which can be applied for a minimum of 46 equity shares and its multiples thereafter.

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"We recommend 'subscribe' to IPO with long term view only as near-term volatility expected till bottom line growth gets stabilized. Ather is operating in the growing market which will shape the future of green transportation. It is expanding its capacity with a new unit at Maharashtra. The debt burden of the company is reducing gradually and It enjoys strong parentage," it said.

Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
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