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IPO Size Reduction Not a Concern, Shows Future Potential, Say Ather's Investment Bankers

Prerna Lidhoo and Darshan Nakhwa     calendar23 Apr 2025

According to investment bankers, the cut reflects strong investor confidence, not concern. Despite market challenges, Ather is optimistic about future expansion and EV adoption.

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Ather Narrows Losses, Boosts Gross Margin in First Nine Months of FY25 News
Ather Narrows Losses, Boosts Gross Margin in First Nine Months of FY25

By Darshan Nakhwa  calendar23 Apr 2025

Electric two-wheeler manufacturer reports improved financial performance with revenue growth of 28% and doubled gross ...

Steelbird Hi-Tech Reports 8.7 Million Helmet Sales, Sets 10 Million Target for Next Year News
Steelbird Hi-Tech Reports 8.7 Million Helmet Sales, Sets 10 Million Target for Next Year

autherAngitha Suresh calendar23 Apr 2025

India's largest helmet manufacturer posts 10.07% revenue growth to Rs 787 crore as it expands production capacity and ...

HMSI Conducts Road Safety Awareness Campaign at Army Public School-Dighi News
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autherShruti Shiraguppi calendar23 Apr 2025

Honda Motorcycle and Scooter India continues its nationwide initiative to educate young road users on safety principle...

SBI AMC, Birla AMC and Invesco MF Likely to Join Ather IPO as Anchor Investors News
SBI AMC, Birla AMC and Invesco MF Likely to Join Ather IPO as Anchor Investors

By Ashutosh Radhey Shyam calendar22 Apr 2025

Among foreign investors expected to get in at the anchor investor stage are Franklin Offshore, Abu Dhabi Investment Au...

Ather Cuts IPO Size, Offer Opens on Monday News
Ather Cuts IPO Size, Offer Opens on Monday

autherDarshan Nakhwa calendar22 Apr 2025

The Bengaluru-based automaker is looking to raise Rs 2,626 crore from the fresh issue, down from its earlier target of...

Maharashtra Approves Electric Bike Taxi Policy for Urban Areas News
Maharashtra Approves Electric Bike Taxi Policy for Urban Areas

autherAngitha Suresh calendar22 Apr 2025

New green initiative aims to boost mobility and employment while addressing safety concerns through stringent regulati...

NSDC and Rapido Partner to Create Gig Economy Opportunities Across India News
NSDC and Rapido Partner to Create Gig Economy Opportunities Across India

autherAngitha Suresh calendar22 Apr 2025

National initiative aims to connect skilled workers with flexible employment through bike taxi platform, targeting ove...

Ola Electric holds onto lead over TVS and Bajaj in first three weeks of April Analysis Sales
Ola Electric holds onto lead over TVS and Bajaj in first three weeks of April

By Ajit Dalvi calendar22 Apr 2025

Having taken the lead early in April, Ola has sold 12,546 units in the April 1-21 period, just 84 units ahead of TVS i...

TVS iQube and Bajaj Chetak sales cross one million units since launch Analysis Sales
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Combined sales of the TVS iQube and Bajaj Chetak electric scooters, which were launched in January 2020, have surpasse...