Archive · 7 Nov 2025
Tiger Global Exits Ather Energy With ₹1,204 Crore Stake Sale
A big investment company called Tiger Global has sold all of its ownership in Ather Energy, a company that makes electric scooters.
They sold their shares, which were about 5% of the company, in two large deals on the stock market.
This sale brought in about 1,204 crore rupees.
Another company, IRAGE Broking Services, bought some shares at the same time.
Ather Energy's stock price has been up and down, and experts have different ideas about where it will go next.
Tiger Global Management has fully exited its 5.09% stake in Ather Energy, selling shares worth approximately ₹1,204 crore.
The stake sale was executed by Tiger Global's affiliate, Internet Fund III, through block deals on the NSE and BSE.
Tiger Global sold 10 million shares on the NSE and 0.93 million shares on the BSE.
IRAGE Broking Services purchased 2.38 million Ather Energy shares worth ₹148 crore, while simultaneously selling an equal number of shares.
As of September 2025, Internet Fund III held 19.3 million shares, representing 5% of Ather Energy's paid-up capital.
- Who
- Tiger Global Management (via Internet Fund III Pte Ltd)
- What
- Sold its entire 5.09% stake in Ather Energy.
- When
- November 6, 2025
- Where
- BSE and NSE
- Why
- Complete exit by the investment firm.
Investor Action
Market Observation
Tiger Global's Stake
Investor Action
Tiger Global Management, through its affiliate Internet Fund III, completely sold its 5.09% stake in Ather Energy.
Market Observation
Ather Energy's stock experienced fluctuations, with analysts offering varied short-term outlooks and price targets ranging from ₹534 to ₹790.
- Investor Exiting
- Tiger Global Management (via Internet Fund III Pte Ltd)
- Company
- Ather Energy Ltd
- Stake Sold
- 5.09%
- Number of Shares Sold
- 10 million (NSE) + 0.93 million (BSE)
- Total Sale Value
- Approximately ₹1,204 crore
- Transaction Date
- November 6, 2025
- Buyer Activity
- IRAGE Broking Services purchased 2.38 million shares
Sources
Investment Firm Tiger Global Management Exits Ather Energy By Selling Entire 5.09% Stake For ₹1,204 Crore
Tiger Global Offloads Entire Stake In Ather Energy For INR 1,204 Cr
Multibagger Ather Energy shares up 3% post Tiger Global exit; what's next?
