New Delhi, March 11 -- Ather Energy, a Bengaluru-based electric two-wheeler manufacturer plans its first Initial Public Offering, which will launch in April 2025. After completing its equity conversion, Ather Energy moves forward with a faster listing process, making it a potential competitor for second EV startup status in India behind Ola Electric. Ather Energy has plans for an IPO, which will impact the market, though the investors require information about how it will be structured and when it will launch.

Ather Energy executed a major development to indicate its readiness for IPO by transforming 1.73 crore outstanding CCPS into 24.04 crore fully paid-up equity shares. The action to align with the disclosure standards of SEBI's Issue...