Ather Energy raises ₹1,300 crore through QIP at ₹1,202 per share
Ather Energy allotted 1,08,15,307 equity shares at ₹1,202 each to raise ₹1,300 crore through a qualified institutional placement, adding capital for its electric-mobility growth plans.
Ather Energy raised ₹1,300 crore through a QIP, allotting 1.08 crore shares at ₹1,202 each. Separately, Adani Total Gas reported a 14% Q1 FY27 profit decline to ₹142 crore despite revenue rising 27% to ₹1,907 crore.
Why this matters
The QIP follows recent Ather Energy IPO-retail subscription signals reporting its retail tranche reached 63% on Day 1, including a resurfaced April 2025 milestone.
The retail-company theme is accelerating, up +957500% QoQ.