Announced Tue, 21 Jul · 24:16 IST
Ather Energy QIP raises about Rs 1300 cr at Rs 1202 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 allotted 1.08 crore equity shares at Rs 1,202 per share via QIP, above the floor price of Rs 1,169.70, raising about Rs 1,300 crore. Major allottees: HDFC MF (13.46%), Aditya Birla Sun Life MF (13.08%), Axis MF (10%), Edelweiss MF (7.69%), Tata MF (5.77%), Motilal Oswal MF (5.39%) and Abu Dhabi Investment Authority (5.23%). Issue ran from July 15 to 20, 2026. Paid-up equity capital rose to Rs 39.41 crore.
Likely market impact
Pricing above floor shows strong institutional demand. Share count up about 2.8 percent, mild dilution, but company gets growth capital without debt.