| Ather Energy Ltd |
|
Registered Office:
3rd Flr Towewr D IBC Knowledge,Park #4/1 Bannerghatta Main Rd
,
Bangalore
-
560029
,
Karnataka
, India.
Phone :
+91 80 6646 5750 Fax:
Email : cs@atherenergy.com
Website : www.atherenergy.com
|
Initial public offering of 92,867,945 equity shares of face value of
Re. 1 each ("Equity Shares") of Ather Energy Limited (The "Company" or the "Issuer") for cash at a price of  321^ per equity share including a securities premium of 320^ per equity share (the "Offer Price") aggregating up to 2980.80 crores^ (the "Offer"). The offer comprises a fresh issue of 81,816,199 equity shares of face value of Re. 1 by the company aggregating to 2626.00 crores^ (the "Fresh Issue") and an offer for sale of 11,051,746 equity shares of face value of Re. 1 each aggregating up to 354.80 crores comprising of 980,000 equity shares of face value of Re. 1 each aggregating to 31.46 crores by Tarun Sanjay Mehta, 980,000 equity shares of face value of Re. 1 each aggregating to
31.46 crores by Swapnilbabanlal Jain (together the "Promoter Selling Shareholders"), 6,003,460 equity shares of face value of Re. 1 each aggregating to 192.71 crores by Caladium Investment Pte Ltd, 2,634,514 equity shares of face value of Re. 1 aggregating to 84.57 crores by National Investment and Infrastructure fund ii, 400,000 equity shares of face value of Re. 1 each aggregating to 12.84 crores by Internet Fund iii pte. ltd., 31,050 equity shares of face value of Re. 1 each aggregating to 1.00 crores by iitm incubation cell, 4,191 equity shares of face value of Re. 1 each aggregating to 0.14 crores by iitms ruraltechnology and business incubator (together the "Corporate Selling Shareholders") and 18,531 equity shares of face value of Re. 1 each aggregating to 0. 60 crores by Amit Bhatia ("Individual Selling Shareholder", and together with the promoter selling shareholders and the corporate selling shareholders referred to as the "Selling Shareholders").
^A Discount of 30 per equity share was offered to eligible employee bidding in the employee reservation portion.
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 28-Apr-25 |
30-Apr-25 |
Rs321.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :46 Further Multiples of :46 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
2509.40 |
|
| Project Financed through Current Offer |
2980.80 |
|
| Post Issue Equity Share Capital |
37.25 |
|
| Issue Price |
Rs321.00 |
|
|