{"id":634795,"date":"2024-02-16T09:38:15","date_gmt":"2024-02-16T04:08:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=634795"},"modified":"2024-02-16T10:42:57","modified_gmt":"2024-02-16T05:12:57","slug":"ather-hiring-investment-banks-for-ipo-this-year-eyes-raising-rs-3300-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ather-hiring-investment-banks-for-ipo-this-year-eyes-raising-rs-3300-cr\/","title":{"rendered":"Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr"},"content":{"rendered":"<p>Ather Energy, which makes electric scooters, is hiring investment bankers to help it with its initial public offering (IPO) this year, according to people familiar with the matter. <\/p>\n<p>The Bengaluru-based firm is planning to raise an estimated $400 million (Rs 3,300 crore) through the IPO. The company is targeting a valuation of about $2 billion, according to sources. Ather declined to comment on its IPO plans. <\/p>\n<p>\u201cThe company has met the bankers,\u201d said a person. \u201cThe firm also has plans to prepare and file the Draft Red Herring Prospectus (DRHP).\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ather Energy, which makes electric scooters, is hiring investment bankers to help it with its initial public offering (IPO) this year, according to people familiar with the matter. The Bengaluru-based firm is planning to raise an estimated $400 million (Rs 3,300 crore) through the IPO. The company is targeting a valuation of about $2 billion, according to sources. Ather declined to comment on its IPO plans. \u201cThe company has met the bankers,\u201d said a person. \u201cThe firm also has plans to prepare and file the Draft Red Herring Prospectus (DRHP).\u201d<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-634795","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=634795"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634795\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=634795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=634795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=634795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}