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Ather Energy files draft papers with fresh issue of shares worth Rs 3,100 Cr

YourStory LogoYourStory12h ago

Ather Energy files draft papers with fresh issue of shares worth Rs 3,100 Cr - YourStory

Quick Summary:

The EV-maker is the second 2W manufacturer to file for an IPO this year after Bhavish Aggarwal-led Ola Electric which went public last month.

The company is also preparing to enter the Sri Lankan market through a joint venture between Sensex Capital Partners, Atman Group and Sino Lanka Private Limited.(Shradha Sharma, Founder and CEO of YourStory, is an independent director in Ola Electric.

The two-wheeler giant currently holds around 39.


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Ather Energy files draft papers with fresh issue of shares worth Rs 3,100 Cr - YourStory (Picture 1)Ather Energy files draft papers with fresh issue of shares worth Rs 3,100 Cr - YourStory (Picture 2)

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 08:31:15 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 208 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22421149

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 13 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

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The story "Ather Energy files draft papers with fresh issue of shares worth Rs 3,100 Cr" has 208 words across 16 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Ather Energy files draft papers with fresh issue of shares worth Rs 3,100 Cr" was covered 12 hours ago by YourStory, a news publisher based in India.

How trustworthy is 'YourStory' news outlet?

YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news.

The outlet is headquartered in India and publishes an average of 13 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #22421149
  • URL: https://beamstart.com/news/ather-energy-files-draft-papers-17258713071857

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