Ather Energy IPO reaches 28% subscription on Day 2; retail tranche fully booked
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion reached 100% subscription.
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
The Day 2 update follows Ather Energy’s Day 1 retail quota reaching 63% subscription and comes alongside its planned ₹1,200 crore raise from Hero MotoCorp and India-Japan Fund.
Retail-company signals are accelerating, up 315025% QoQ.