Ather Energy’s retail IPO tranche reaches 63% subscription on day one
Ather Energy’s retail investor portion was subscribed 63% on the first day of IPO bidding, signalling early individual-investor participation in the electric two-wheeler maker’s public issue.
Ather Energy’s IPO retail investor portion was subscribed 63% on the first day of bidding.
Why this matters
The day-one 63% retail subscription precedes recent signals that Ather Energy’s retail IPO portion was fully subscribed by Day 2 and that the overall IPO reached 28% subscription by Day 2 while retail was fully booked.
Retail-company signals are accelerating, up 164944% quarter over quarter.