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News Details

( As on 06/05/2025 09:40)

Ather Energy Ltd. debuts with 1.57% premium at Rs 326.05

Ather Energy Ltd. makes a strong debut on the bourses with scrip got listed at Rs 326.05 on the Bombay Stock Exchange, a 1.57 per cent premium to its issue price of Rs 321.00. On the National Stock Exchange, the stock was listed at Rs 0.00.

The company, which raised 9.29 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 928.59 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Apr 28 to Apr 30.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

HSBC SECURITIES AND CAPITAL MARKETS (I) PVT LTD,Nomura Financial Advisory and Securities (India) P,JM Financial Limited,Axis Capital Ltd. as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 80,796.84, up 294.85 points, or 0.36 per cent.