Ather Energy raises Rs 1,340 crore from 36 anchor investors ahead of IPO

Electric two-wheeler (E2W) maker Ather Energy has raised Rs 1,340 crore from anchor investors ahead of its initial public offering (IPO), which opens on April 28.At its board meeting held on April 25, the Bengaluru-based company finalised the allocation of 41.7 million equity shares to 36 anchor investors at Rs 321 apiece. This includes a share premium of Rs 320 per share, Ather said in an exchange filing.

Participants in the anchor round include State Bank of India, Custody Bank of Japan, Aditya Birla Sun Life Insurance, Abu Dhabi Investment…