Ather Energy plans to restart its activities in the primary market this month with its highly awaited initial public offering following a pause of two and a half months. On April 22, the electric scooter manufacturer submitted a draft red herring prospectus for its IPO to the Securities and Exchange Board of India (Sebi).

Ather Energy IPO price band has been set between ₹304 and ₹321 per equity share, with a face value of Re 1. The allocation of shares for anchor investors in the Ather Energy IPO is expected to take place on Friday, April 25.

Ather Energy IPO date: Ather IPO opens for subscription on Monday, April 28, and closes on Wednesday, April 30.

Ather Energy IPO price band: Ather IPO price band has been fixed in the range of ₹304 to ₹321 per equity share of face value of Re 1.

Ather Energy IPO lot size: Ather IPO lot size is 46 equity shares and in multiples of 46 equity shares thereafter.

Anchor investors: The allocation to anchor investors for Ather Energy IPO is scheduled to take place on Friday, April 25.

Ather Energy IPO details: The upcoming IPO consists of a fresh issuance of equity shares valued at ₹2,626 crore, alongside an offer-for-sale (OFS) of 1.1 crore equity shares by promoters and other shareholders.