Ather Energy IPO reaches 28% subscription on Day 2; retail quota fully subscribed
Ather Energy’s IPO was subscribed 28% overall by the second day of bidding, with the retail investor portion fully subscribed. The update signals strong retail-market interest in the electric two-wheeler maker despite lower overall subscription.
What happened
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed at 100%.
Key facts
- 28% overall subscription
- 100% retail portion subscription
- Day 2 of bidding
Why this matters
The retail-led IPO response reinforces Ather’s strategic value as a recognized consumer EV platform, though the modest overall subscription may temper near-term valuation expectations.