Ather Power IPO: Electrical automobile maker Ather Power has succeeded in elevating massive quantities of anchor traders earlier than its upcoming Preliminary Public Providing (IPO). Ather Power has acquired Rs 1,340 crore from anchor traders. For this, the corporate has allotted shares to these traders at a worth of Rs 321 per share. A complete of 4.18 crore fairness shares have been allotted to 36 anchor traders for this quantity. Amongst these anchor traders, SBI (SBI), Abu Dhabi Funding Authority (ADIA), Invesco, Invesco, Franklin Templeton (Franklin Templeton), ICICI Prudential (Franklin Templeton) Names like Morgan Stanley and Society Basic. Within the info given to BSE, the corporate stated, “In his assembly held on April 25, 2025, the corporate’s board of administrators (together with anchor traders with an anchor allocation worth (together with Rs 320) to anchor traders (together with Rs 320) to anchor traders in its assembly held on April 25, 2025) 41,745,576 has finalized the allocation of fairness shares. “FIIS grew to become a pure purchaser, purchased shares of Rs 2,952 crore, DIIS did a web buy of Rs 3,540 crore. Which is the same as 2.06 crore shares. Tell us that the general public subject of Ather Power will open on April 28 and can shut on April 30. Disclaimer: (Right here the knowledge supplied right here is being given just for info. It’s obligatory to say right here that the funding market out there is topic to dangers. At all times seek the advice of consultants earlier than investing cash as an investor. There’s by no means a recommendation from Moneycontrol to speculate cash right here.)
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