Ather Energy IPO reaches 0.24x subscription on Day 2; retail portion reportedly fully booked
Ather Energy’s IPO was reportedly subscribed 0.24 times by the second day of bidding, while the retail investor quota was indicated as fully subscribed. The source article was unavailable beyond a security-verification page.
Ather Energy’s IPO was reportedly subscribed 0.24 times on its second day, with the retail portion indicated as fully booked. Full article details were unavailable due to a security-verification page.
Why this matters
The update follows Ather Energy’s retail tranche reaching 63% subscription on Day 1 and comes as investors assess June lock-in supply and rare-earth risk.
Retail-company signals are accelerating, up +100947% QoQ.