Ather Energy’s post-IPO coverage resurfaces June move: 31% upside call and lock-in share-sale risk
Financial Express archive report, resurfacing a June 2025 update, covers Ather Energy’s early post-listing trajectory, including an HDFC Securities Buy call projecting 31% upside and the potential release of nearly 6% of Ather Energy and Borana Weaves shares after lock-in expiry.
Financial Express archive covers Ather Energy’s post-IPO market activity, including HDFC Securities’ Buy rating with projected 31% upside, lock-in share releases and its tepid listing’s effect on IPO sentiment.
Why this matters
The June update follows April signals that Ather Energy’s IPO reached 28% subscription on Day 2 and that retail demand was fully booked; attention shifts from IPO demand to valuation upside and lock-in-related selling risk.
Retail-company is accelerating, up 207414% QoQ.