Ather Energy raises ₹1,300 crore through oversubscribed QIP
Ather Energy has raised ₹1,300 crore via a qualified institutional placement, issuing 1.08 crore equity shares at ₹1,202 each. The capital will support manufacturing expansion and product development as part of its planned ₹2,500-crore infusion.
Ather Energy raised Rs 1,300 crore through an oversubscribed QIP to fund manufacturing expansion and product development, as part of a planned Rs 2,500-crore capital infusion.
Why this matters
The QIP follows signals that Ather doubled its Experience Centre network to 700 as FY26 electric scooter sales rose 69%, alongside a separate update that its shares slipped 3% after the raise.
The retail-company theme is accelerating, up 982,500% QoQ.
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