CosmicTaco

Ather Energy Eyes $2.4 Bn IPO Valuation

CosmicTaco · 2025-01-13T21:49:58.888053+05:30

- Ather Energy is aiming for a $2.4 Bn valuation in its upcoming IPO, an 80% premium over its last funding round. - Final clarifications to SEBI and an updated DRHP will be filed by January end or early February. - SEBI recently approved Ather's IPO plans; the company seeks to allocate funds for R&D and a new plant in Maharashtra. Source: [Inc42](https://inc42.com/buzz/ather-energy-eyes-2-4-bn-valuation-for-ipo-report/)

Ather Energy is aiming for a $2.4 Bn valuation in its upcoming IPO, an 80% premium over its last funding round.
Final clarifications to SEBI and an updated DRHP will be filed by January end or early February.
SEBI recently approved Ather's IPO plans; the company seeks to allocate funds for R&D and a new plant in Maharashtra.

Source: Inc42