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Ev Startup Aster is the size IPO at $ 308m, search for $ 1.4B Post-money assessment

Ace energy, Bambin scattered Domeling Domelist Drechisting Two Stores to the public offer by 18% to 268.qule Indust rupe New Draft Prospectus Filed Tuesday.

Bengan-based beginning confirmed to Techcrunnch is pulled a $ 1.4 billion money evaluation. September September, Startup searched for $ 1.5 billion rating and $ 2 billion, Techcrrunch reported at the moment.

The market conditions quoted to ather to cut their ipo size and target assessment.

The abutor azosters will sell 11.1 million actions, fall from the 22 million actions mentioned in their prospect of last year’s DRAFT. The offer for actions ater will lip for three days starting on April 28; The investors yet are willing to participate in a private placement on April 25.

Ach Catesters covers crying investment and national investment and mandage and diizian funds) and tyrial, according to global draft. However, giant hero indian giant indiat motorocp, who owns more than 40% of the startup, do not sell their action.

Ater reported 9.27 billion Indian Rupees ($ 108.8 million) from net proceed to set two rose electrical facility in Maharashtra. Another 7.5 billion rupees (88 million) will be invested in search and development and 3 billion rupees in marketing initiatives. The beginning also use 400 million Indian Rupees ($ 4.7 million) to repay their loans.

The principle has seen a 21% increase in the sale in 2024, reach 126.353 units, according to government data. He ordered a 10.7% market market than the year, for the crew referred to the project prospect.

Incorporated in 2013, performance launching its electric two-wheeler in 2018.4 Billion December – Falling from 7 months, Billion Indian Rupees ($ 91.1 million)

ATERE RIVAL Electric – which one-year-old-year-older has last year-old last year – listed on Indian stock exchanges last year. Hi debt with a 20% rice of 20%The largest listed by an Indian firm in two years. However, its share price will be decreated by almost 452 indian indiandi tuesday.

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