Electric scooter maker Ather Energy receives Sebi nod for IPO

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With this, the Hero MotoCorp-backed company will become the second EV maker in India to go public, after Bhavish Aggarwal-led Ola Electric. The IPO includes a fresh issue of equity shares worth up to INR 3,100 crore and an OFS of up to 2.2 crore equity shares by existing shareholders.

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Electric scooter maker Ather Energy receives Sebi nod for IPO

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