Ather Energy’s retail IPO quota fully subscribed on Day 2
Ather Energy’s IPO drew full subscription in the retail investor category by the second day of bidding, while the overall issue remained under-subscribed.
What happened
Ather Energy's IPO was subscribed 28% on the second day of bidding, while the retail investor quota was fully subscribed.
Key facts
- Day 2 subscription: 28%
- Retail investor portion: 100% subscribed
Why this matters
The retail-led IPO interest reinforces Ather’s capital-markets visibility, but strategic partners should await the final subscription mix before treating it as broad validation of the company’s competitive position.