StartupsInc42about 8 hours ago
Ather Energy Raises ₹1,300 Cr Via QIP
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Ather Energy raised about ₹1,300 crore through a qualified institutional placement, allotting 1.08 crore equity shares at ₹1,202 per share. The issue price was 2.8% higher than the ₹1,169.70 floor price. The QIP ran from July 15 to yesterday. Major allottees included HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Abu Dhabi Investment Authority.
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