Key Quantitative Figures

  • Number of Equity Shares allotted: 1,08,15,307
  • Face value per share: INR 1
  • Issue price per share: INR 1,202 (including a premium of INR 1,201)
  • Floor price: INR 1,169.70 per share
  • Total issue size: INR 1,299,99,99,014 (approximately INR 1,300 crore)
  • Pre-issue paid-up equity share capital: INR 38,33,10,002 (38,33,10,002 shares)
  • Post-issue paid-up equity share capital: INR 39,41,25,309 (39,41,25,309 shares)

Parties Involved

  • Issuer: Ather Energy Limited
  • Allottees: Qualified institutional buyers including:
  • HDFC Mutual Fund (13.462% of issue size)
  • Aditya Birla Sun Life Mutual Fund (13.077% of issue size)
  • Axis Mutual Fund (10.000% of issue size)
  • Edelweiss Mutual Fund (7.692% of issue size)
  • Tata Mutual Fund (5.769% of issue size)
  • Motilal Oswal Mutual Fund (5.385% of issue size)
  • Abu Dhabi Investment Authority (5.226% of issue size)
  • Regulatory authorities: National Stock Exchange of India Ltd, BSE Limited, SEBI

Capital Structure Impact

The QIP resulted in an increase of 1,08,15,307 equity shares, increasing the total number of shares from 38,33,10,002 to 39,41,25,309. This represents a dilution of approximately 2.82% of the pre-issue capital.

Additional Information

The shareholding pattern of the Company before and after the Issue will be submitted along with the listing application in the format specified in Regulation 31 of the SEBI Listing Regulations.