Ather Energy IPO reaches 28% subscription on Day 2
Ather Energy’s IPO was subscribed 28% by the second day of bidding, according to the latest subscription update.
Ather Energy’s IPO was subscribed 28% on the second day of bidding.
Why this matters
The update follows a signal that Ather Energy’s retail IPO tranche reached 63% subscription on Day 1 and a resurfaced April report on Day 2 demand. It also follows renewed attention to a bullish brokerage call amid post-listing share-supply signals.
Retail-company signals are accelerating, up 256360% QoQ.