Ather Energy IPO reaches 28% subscription by Day 2
Ather Energy’s public issue was subscribed 28% by the close of Day 2, offering an early read on investor appetite for the Indian electric two-wheeler maker.
What happened
Ather Energy’s IPO was subscribed 28% by the end of Day 2, indicating investor demand for the Indian electric two-wheeler maker’s public issue.
Key facts
- 28%
- Day 2
Why this matters
The measured Day 2 subscription indicates Ather’s public valuation will be closely watched by EV peers, suppliers, and potential partners assessing capital-market benchmarks for the sector.