Ather Energy IPO reaches 28% subscription on Day 2; retail quota fully booked
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed. The response offers an early read on public-market appetite for the electric two-wheeler brand.
Ather Energy’s IPO was subscribed 28% on the second day of bidding, while the retail investor portion was fully subscribed.
Why this matters
The Day 2 demand update follows recent Ather Energy signals on a Buy call citing 31% upside and bullish views ahead of post-IPO lock-in expiry.
Retail-company signals are accelerating, up +400567% QoQ.