Ather Energy IPO draws about a quarter subscription by Day 2
Ather Energy’s public issue was subscribed roughly 28% by the second day of bidding, signalling a measured early response as the electric two-wheeler maker heads toward listing.
Ather Energy’s IPO was subscribed 28% by the second day of bidding.
Why this matters
The update follows recent signals that Ather Energy’s IPO reached 0.24x subscription on Day 2 and that its retail tranche was fully booked, showing retail demand is ahead of the overall book.
Retail-company signals are accelerating, up 89,688% QoQ.