Ather Energy raises ₹1,300 crore in QIP for manufacturing and product expansion
Ather Energy has raised ₹1,300 crore through an eight-times oversubscribed qualified institutional placement, issuing 1.08 crore shares at ₹1,202 each. The funding supports manufacturing expansion and product development under its broader ₹2,500-crore capital-infusion plan.
Ather Energy raised ₹1,300 crore through an eight-times oversubscribed QIP to fund manufacturing expansion and product development, as part of its broader ₹2,500-crore capital infusion plan.
Why this matters
The QIP follows Ather’s expansion to 700 Experience Centres amid 69% FY26 e-scooter sales growth and its IPO retail portion reaching 63% subscription on Day 1.
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