Ather Energy’s IPO story resurfaces as attention returns to May 2025 lock-in shares entering the market
Ather Energy listed at Rs 323.55 after its May 2025 IPO was subscribed 1.43 times. Renewed coverage revisits lock-in expiries, investor activity and EV-sector supply risks from that period, including China’s rare-earth export curbs.
Ather Energy coverage tracks its May 2025 IPO listing at Rs 323.55, 1.43x subscription, lock-in expiry and investor activity, alongside EV-sector risks from China’s rare-earth export curbs affecting Indian vehicle makers.
Why this matters
The renewed IPO focus follows early subscription updates showing 28% on Day 2 and 63% retail participation on Day 1, plus HDFC Securities' initiation projecting 31% upside.
Retail-company signals are accelerating, up 577750% QoQ.