Ather Energy shares debut at 2.2% premium over IPO price
Ather Energy shares made a muted debut on the Indian exchanges on Tuesday. The shares listed on the National Stock Exchange at Rs 328 per share, marking a premium of 2.18%. On BSE, the shares listed at Rs 326.05 per share, with premium of 1.57%.At debut, the company has a market cap of Rs 12,144.05 crore, as per BSE data.
Ather Energy IPO details
Ather Energy launched its maiden public offer on April 28 and April 30 to raise Rs 2,981 crore. The Tiger Global backed electric scooter maker raised Rs 1,340 crore from anchor investors on April 26 before the IPO opened. SBI Mutual Fund emerged as the largest investor in the anchor round, contributing Rs 310 crore—around 23.1% of the total anchor book.
The first mainboard IPO in two months, the…
