Ather Energy IPO reaches 28% subscription on Day 2; retail tranche fully subscribed
Ather Energy’s IPO had received 28% overall subscription by the end of Day 2 of bidding, while the retail investor portion was fully subscribed.
Ather Energy’s IPO was subscribed 28% by the end of Day 2, with the retail investor portion fully subscribed at 100%.
Why this matters
The update confirms the late-April pattern in which Ather Energy’s IPO reached 28% subscription on Day 2 while the retail book was fully subscribed.
Retail-company signals are accelerating, up 1,110,500% quarter over quarter.