Ather Energy IPO draws 28% subscription on Day 2
Ather Energy’s public issue was reportedly 28% subscribed on its second day, offering an early read on investor appetite for India’s electric two-wheeler sector.
Ather Energy’s IPO was subscribed 28% on its second day, indicating investor demand for the Indian electric two-wheeler maker’s public issue.
Why this matters
The update follows recent Ather Energy IPO signals, including a report that its retail portion reached 63% subscription on Day 1 and two Day 2 updates citing 28% subscription.
Retail-company signals are accelerating, up 220500% QoQ.