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Ather Energy IPO: Indian EV Company’s RHP Shows Drop in Losses and Sales Push to Capture 15% Market Share Ahead of Subscription Opening

Electric-scooter maker Ather steadily reined in losses through the first nine months of 2024-25 while simultaneously pushing its sales engine to grab a 15 per cent share of the domestic e-scooter market in the March quarter, the company’s red herring prospectus (RHP), filed earlier this week for a Rs 2,981-crore IPO, revealed.

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