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Ather's $352 mn IPO crosses finish line on final day
Mint Hyderabad
|May 01, 2025
Electric scooter maker Ather Energy's $352 million IPO reached full subscription on the final day of bidding on Wednesday after a slow start in a week where market volatility capped investor interest.
The company, which counts top motorcycle maker Hero MotoCorp as its largest shareholder, is seeking a valuation of $1.4 billion through the share sale, India's third-largest this year.
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