Ather Energy IPO reaches 28% subscription on Day 2; retail quota fully booked
Ather Energy’s IPO had attracted 28% overall subscription by the second day of bidding, while the retail investor portion was fully subscribed. The retail demand offers an early signal of investor interest in the electric two-wheeler maker.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed.
Why this matters
The Day 2 update follows recent signals that Ather Energy’s IPO was roughly one-quarter subscribed and that its retail tranche was fully booked, adding detail on early investor demand.
Retail-company signals are accelerating, up 164489% QoQ.
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