Ather is eyeing an IPO valuation is almost equivalent to its last private valuation of $1.6 Bn
Earlier in January, Ather was reported to be chasing a valuation of $2.4 Bn for its IPO
The startup is eyeing a public listing within this month or April
Electric two-wheeler manufacturer Ather Energy
According to a report by Bloomberg, the startup is eyeing a public listing within this month or April. A separate report by NDTV Profit said that the company is likely to file its updated draft red herring prospectus (DRHP) by next week.
Ather declined to comment on Inc42’s queries on the development.
This adds on to recent developments at Ather that indicate that the company is in the final stages of preparations to launch its public offering. A couple of days ago, it was reported that the unicorn converted its outstanding compulsory convertible…