Ather Energy achieved record dispatches of over 20,000 scooters in October, driven largely by the new Rizta model, contributing 60%-70% of total volume. With 20,000 sales reported, the company's market share rose from 7.9% in July to 14.3% in September. Strengthening its presence, Ather has filed for a Rs 4,500 crore IPO and plans a new manufacturing plant in Maharashtra.
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