Ather Energy Public Issue, Anchor Investors Buy Big At ₹321

Ather Energy Public Issue, Anchor Investors Buy Big At ₹321

Ather Energy’s public issue saw strong interest from anchor investors, who bought over 4.17 crore shares at Rs 321 each. This marks a major step ahead of the company's upcoming IPO, boosting market confidence.

Manoj YadavUpdated: Saturday, April 26, 2025, 11:25 AM IST
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Strong Start for Ather Energy’s Public Issue | File Image |

Mumbai: Ather Energy Limited has officially kicked off its public issue with a strong response from anchor investors. On April 25, 2025, a total of 4,17,45,576 equity shares were subscribed under the Anchor Investors (AIs) category.

The shares were priced at Rs 321 each, showing positive interest in the electric vehicle (EV) company. This early support from big investors builds excitement for Ather's upcoming IPO and reflects strong market confidence in its growth plans.

Anchor Investors Show Strong Support

Anchor investors are usually large and trusted investors like mutual funds or insurance companies. Their early investment often helps build trust among regular investors.

Ather Energy’s successful anchor book is a good sign for its IPO. It means that major investors believe in Ather’s vision and future in the EV space.

IPO Momentum Builds Up

With this big step, Ather Energy is getting ready to hit the stock market soon. The company’s performance during the anchor investment phase could lead to more interest when its IPO opens for retail investors.

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