Ather Energy IPO reaches 28% subscription on Day 2 as retail quota fills
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed. The update signals stronger participation from retail investors than from the overall book.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed at 100%.
Why this matters
Ather Energy’s Day 2 IPO update follows coverage highlighting investor interest in India’s EV market and prior reports that its retail tranche was fully booked, underscoring stronger retail demand than overall book participation.
The retail-company theme is accelerating, up 219383% QoQ.