Announced Mon, 20 Jul · 23:06 IST
Ather Energy QIP closed at INR 1,202 per share
ATHERENERG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.4%1-day move
₹1297.50
prior close
₹1302.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.2+0.0-1.4-2.4-5.2-6.9-6.6——————
Up moveDown movePending
AI summary
Ather Energy closed its Qualified Institutions Placement on July 20, 2026, allotting 1,08,15,307 equity shares (about 1.08 crore) to eligible QIBs at INR 1,202 per share, including a premium of INR 1,201 over face value of INR 1. The issue price is higher than the floor price of INR 1,169.70, raising approximately INR 1,300 crore. The placement document has been finalized and uploaded on the company website.
Likely market impact
QIP priced above the floor price signals strong demand from institutions. Raise of about INR 1,300 crore to fund growth, with potential mild share dilution.