Ather Energy IPO sees 0.24x subscription by Day 2; retail portion fully booked
Ather Energy’s IPO was reportedly subscribed 0.24 times by the second day of bidding, while the retail investor category reached 1.00x subscription. The update signals stronger early participation from retail investors than from other investor segments.
Ather Energy’s IPO was reportedly subscribed 0.24 times by Day 2, with the retail investor portion booked 1.00 times. The source page was unavailable due to a Cloudflare 403 verification response.
Why this matters
The Day 2 update follows reports that Ather Energy’s retail IPO tranche reached 63% on Day 1 and comes as the company targets India’s largest e-scooter price band with its EL platform, indicating retail demand is outpacing broader participation.
Retail-company signals are accelerating, up 204643% QoQ.