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Ather Energy’s IPO, valued at INR 2,981 crore, was fully subscribed today, driven by a late surge in demand from qualified institutional buyers (QIBs), who subscribed 1.28 times their allotted portion. By 1:24 PM, the IPO had received bids for 5.66

Today marks the final day to bid for Ather Energy’s IPO, with the listing scheduled for May 6, 2025. As of now, the IPO has received only about 30% overall subscription. Interestingly, there’s been no participation from QIBs yet hopefully, they’ll st

What next for Ather? A Hero subsidiary status? 😅😅 With the latest development, that has never been more likely. Let's dive in! .. Whenever Ather Energy’s in need of more money, Hero pounces in. -> This was evident in the Sep rights issue where

Top News of the Week 1. Funding: - This week, IPO-bound non banking financial company Aye Finance raised $12.8 Mn in debt from a clutch of investors, including Northern Arc, ASK Financial Holdings. This was the largest funding round of the week. -

Top News of the Day: 1. Foxconn is reportedly considering assembling Apple's iPad in India, expanding its operations beyond iPhone production. 2. Dunzo has only paid half its dues, approaching close to insolvency. 3. According to CrowdStrike's CE

Top News of the day: 1. British International Investment (BII) has invested $100 million in ReNew Energy’s solar manufacturing unit in India 2. India is projected to have 123 million electric vehicles (EVs) on the roads by 2032 in a best-case scena