Ather Energy IPO retail quota fully subscribed by Day 2
Ather Energy’s retail-investor allocation was fully subscribed on the second day of its IPO bidding period, signalling strong individual-investor interest despite lower overall subscription levels.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail-investor quota was fully subscribed.
Why this matters
The result follows Ather Energy’s retail tranche reaching 63% subscription on Day 1, while overall IPO subscription was 28% on Day 2, showing stronger retail demand than aggregate bidding.
Retail-company signals are accelerating, up 222667% QoQ.