Ather Energy IPO: This year is one of the highest avit IPOs.

Big companies have come in IPOs in the last one year. Investment in the large is collected. The latest ether energy is also planning to enter IPOs. Electric to -wheeler manufacturer Ather Energy Limited has taken an important step towards the most awaited IPO (IPO) by converting the arrears of convertible preference shares (CCPS) into equity. Traders banking sources said that this decision was taken as part of the company’s IPO preparation. The company’s IPO is expected to arrive in April.

According to documents filed in the Registrar of Companies (Arvosi), the board of the company passed a resolution to replace more than 1.73 crore CCCPS, which has paid more than 1.73 crore backlogs to equity shares. This share is Rs.

The Securities and Exchange Board of India (SEBI) Capital Issues and Discover Needs (ICDR) should be converted into equity before registering draft documents. This step indicates that Ether Energy is moving rapidly towards its IPO, one of the first IPO to be launched in FY 2025-26.

In September last year, Ether filed a draft document to set up an electric two -wheeler plant in Maharashtra and raise funds to reduce the loan. The IPO will be held with the latest marks, sales (OFS) for offering promoters and investors, priced at Rs 3,100 crore. This is the second electric two -wheeler manufacturer who comes publicly after an IPO of Rs 6,145 crore in August last year. The IPO has the latest marks of up to Rs 5,500 crore and the sale of 8,49,41,997 equity shares.