Ather Energy

In a year defined by shifting investor sentiment and renewed interest in electric mobility, Ather Energy—India’s rising electric two-wheeler manufacturer—has begun to steady its financial trajectory. The Bengaluru-based firm reported a narrowed quarterly loss of Rs. 234.4 crore for the March quarter of the previous fiscal year, a marked improvement from Rs. 283.3 crore in the same period last year. Operational revenue jumped by nearly 30 percent year-on-year, signaling growing consumer demand.

Ather Energy's Initial Public Offering (IPO) is making significant waves in the Indian stock market, with the electric two-wheeler company witnessing a 28% subscription rate on the second day of its issue. With a price band set between Rs 304 and Rs 321 per share, the company aims to raise Rs 2,981 crore. The offer, which closes on April 30, includes a fresh issue of equity shares and an offer-for-sale by existing shareholders. Despite mixed interest levels across investor categories, Ather’s IPO has attracted substantial backing, with anchor investors committing Rs 1,340 crore.

Ather Energy, the electric-scooter manufacturer, is making significant strides as it prepares for a Rs 2,981-crore Initial Public Offering (IPO), aiming to capitalize on a growing share of India's domestic e-scooter market. Despite a history of losses, Ather has shown steady progress in reducing its cash burn and expanding its sales footprint. With a 15% market share achieved in Q1 FY25 and strong growth in key markets, the company's restructured business model and new product offerings, such as the family-friendly Rizta scooter, position it well for the future.

Ather Energy, one of India’s leading electric two-wheeler manufacturers, is set to debut on the stock market with a Rs. 2,981 crore Initial Public Offering (IPO)—the first mainboard listing of FY25–26. The IPO comprises a fresh equity issue of Rs. 2,626 crore and an offer-for-sale of 1.1 crore shares by existing stakeholders. With a price band set between Rs. 304 and Rs. 321 per share, the offering pegs Ather’s valuation at approximately Rs. 11,956 crore.

Ather Energy Ltd, a prominent Indian manufacturer of electric two-wheelers, is preparing to launch its initial public offering (IPO) on April 28, marking the first main-board public issue of the 2025–26 fiscal year. The Rs 2,626-crore IPO includes both a fresh issuance of shares and an offer-for-sale by existing stakeholders. The funds raised will support the establishment of a new manufacturing plant in Maharashtra and reduce outstanding debt.