Ather Energy IPO’s retail portion subscribed 63% on Day 1
Ather Energy’s IPO saw its retail investor portion subscribed 63% on the first day of bidding, signalling early public-market interest in the electric two-wheeler maker.
Ather Energy’s IPO retail investor portion was subscribed 63% on the first day of bidding.
Why this matters
The Day 1 retail subscription update follows signals on Ather’s EL platform targeting India’s largest e-scooter price band and an earlier IPO subscription update citing 28% on Day 2 in April.
Retail-company signals are accelerating, up 204329% QoQ.