Ather Energy, an electric two-wheeler maker, goes public tomorrow despite mixed market responses.

Ather Energy, an electric two-wheeler manufacturer, is set to list on the stock market on May 6th. The company's IPO received positive responses, with retail investors subscribing 1.78 times and QIBs 1.70 times. Ather plans to use the proceeds for a new manufacturing plant, R&D, and marketing. Despite a strong subscription, grey market shares show a subdued response with a premium of Rs 7. Analysts offer mixed opinions, recommending it for high-risk, long-term investors.