Ather Energy IPO retail tranche fully subscribed by Day 2
Ather Energy’s IPO was 28% subscribed overall by the second day of bidding, while the retail investor portion was fully subscribed.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed.
Why this matters
Full retail subscription on Day 2 follows Ather Energy’s retail tranche reaching 63% on Day 1, while China rare-earth curbs remain a supply-chain risk for the EV maker.
Retail-company signals are accelerating, up +224217% QoQ.