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Ather Energy shares to list today, grey market shows muted interest

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Ather Energy shares will list on the exchanges on Tuesday, with grey market premium for them indicating muted interest. The grey market premium for the stock stood at Rs 14, which translates into a premium of 4.36% from the issue price of Rs 321.Ather Energy IPO details

Ather Energy is looking to raise around Rs 2,981 crore from its maiden public offer, with Rs 2,626 crore from the reduced fresh issue and Rs 354 crore from the offer for sale of 1.1 crore shares.

The Tiger Global-backed EV maker launched its initial public offering on April 28, which…

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