Ather Energy IPO reaches 28% subscription on Day 2; retail tranche fully subscribed
Ather Energy’s IPO had drawn 28% overall subscription by the second day of bidding, while the retail investor portion was fully subscribed. The update signals stronger retail-market participation than the aggregate book suggests.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed at 100%.
Why this matters
The update reinforces recent Ather Energy IPO signals reporting a fully subscribed retail tranche on Day 2, even as overall subscription remained below full coverage.
Retail-company signals are accelerating, up 164633% QoQ.