Ather Energy IPO retail tranche fully subscribed by Day 2
Ather Energy’s IPO was 28% subscribed overall by the second day of bidding, while the retail investor portion was fully booked, signalling strong individual-investor interest in the electric two-wheeler maker.
What happened
Ather Energy’s IPO was subscribed 28% by the second day, while the retail investor portion was fully subscribed.
Key facts
- 28% overall subscription by Day 2
- 100% retail investor portion booked
Why this matters
Ather’s retail-book strength supports its strategic appeal in India’s EV ecosystem, while muted overall demand may sharpen focus on valuation and execution risk.