Ather Energy IPO reaches 28% subscription on Day 2; retail quota fully subscribed
Ather Energy’s IPO had attracted 28% overall subscription by the second day of bidding, with the retail investor portion fully subscribed. The retail response offers an early demand signal as the electric two-wheeler maker heads toward listing.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed at 100%.
Why this matters
The Day 2 retail fill follows a prior signal that Ather Energy’s retail IPO quota reached 63% subscription on Day 1. A late-April resurfacing of the 28% Day 2 subscription figure indicates continued attention to the IPO’s demand metrics.
The retail-company theme is accelerating, up 221217% QoQ.