Ather Energy IPO reaches 28% subscription on Day 2
Ather Energy’s public issue was subscribed 28% on the second day of bidding, offering an early read on investor demand for the Indian electric two-wheeler maker.
Ather Energy’s IPO was subscribed 28% on the second day of bidding, indicating early investor demand for the Indian electric two-wheeler maker’s public issue.
Why this matters
The Day 2 subscription update follows signals on analyst interest in Ather Energy’s IPO lock-in and rare-earth risks and HDFC Securities’ Buy initiation citing 31% upside.
Retail-company signals are accelerating, up 391700% QoQ.