Ather Energy IPO subscribed 28% by Day 2 of bidding
Ather Energy’s IPO had received 28% subscription by the second day of bidding, signalling measured early demand for the electric two-wheeler maker’s public-market debut.
What happened
Ather Energy’s IPO was subscribed 28% by the second day of bidding.
Key facts
- 28%
- Day 2
Why this matters
Measured IPO demand for Ather suggests strategic buyers should reassess electric two-wheeler valuations and prioritize partnerships or targets with differentiated distribution, technology and after-sales capabilities.