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Ather Energy's IPO opens for subscription amid India's cooling public market

Ather Energy's IPO opens for subscription amid India's cooling public market

FILE PHOTO: Ather electric scooters are seen outside the showroom in Mumbai, India, January 28, 2022. REUTERS/Francis Mascarenhas/File Photo

Indian electric two-wheeler maker Ather Energy’s initial public offering (IPO) opened for public subscription on Monday (April 28). The company also announced raising Rs 1,340 crore ($158 million) from anchor investors ahead of the share sale.

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