With a 1.43x subscription, the electric two-wheeler maker’s debut on the bourses remained muted, as against rival Ola Electric’s IPO in August 2024.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
Startups of all hues are lining up to hit the IPO market like never before, even as the economy sends distress signals. Can the equity market absorb this type of supply?
Ahead of Ather Energy’s public listing, Hero’s investment in the EV firm has already witnessed a 4-5x runup. Will the two-wheeler giant cash out or use its ‘promoter’ tag to good effect?
The Bengaluru-based startup is looking to widen its appeal with a more affordable, mass-market product. By doing so, can it take on rivals with deep pockets?