New Delhi, June 2 -- Ather Energy share price fell over 2% on Monday as the one-month lock-in period of pre-IPO investors expired today. Ather Energy shares declined as much as 2.18% to Rs.306.00 apiece on the BSE.
Ather Energy shares were listed on the Indian stock exchanges - BSE and NSE - on 6 May 2025, after the conclusion of its initial public offering (IPO). As per SEBI regulations, there is a mandatory lock-in period on all shares allocated to anchor investors in IPOs.
Specifically, 50% of the allocated shares to anchor investors are subject to a lock-in period of 30 days from the date of allotment, while the remaining 50% are locked in for a period of 90 days.
The one-month anchor investors lock-in period for Ather Energy expir...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.