Ather Energy IPO reaches 28% subscription on Day 2
Ather Energy’s IPO was subscribed about 28% by the second day of bidding, offering an early read on investor appetite for the Indian electric two-wheeler maker.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, indicating early investor demand for the Indian electric two-wheeler maker.
Why this matters
Recent Ather Energy IPO signals reported the retail book as fully subscribed and a 0.24x Day 2 reading. The latest signal places overall IPO subscription at about 28% by Day 2.
Retail-company signals are accelerating, up 1,100,600% QoQ.