In a bustling lab at IIT Madras, two friends, Tarun and Swapnil, dreamed of building a better electric scooter. In 2013, they started Ather Energy in Bengaluru. They worked hard to learn how to make old scooters better. Their college helped them achieve this dream by providing them with a small investment and a workplace.

Soon, big companies like Hero MotoCorp and Tiger Global gave them money to grow. Ather built sleek, fast scooters with touchscreens that people loved. By 2018, their scooters were on the roads, and they had set up charging stations called Ather Grid.

In 2025, Ather planned to go public with an IPO, raising Rs 2,981 crore. The share price is pegged at between Rs 304 and Rs 321. This is a big step - it is the second electric scooter company in India to go public after Ola Electric. The IPO will help Ather build a new factory, manufacture new scooters and sell them in more cities. Her college, which had given her Rs 25 lakh years ago, now has shares worth Rs 50 crore! Other investors like Tiger Global were also happy.

Ather's IPO is about more than just money - it proves that the future of India is electric vehicles. Everyone was waiting to see if Ather could continue to grow and compete with rivals like Ola Electric.