Ather Energy IPO sees retail portion fully subscribed on Day 2
Ather Energy’s IPO was subscribed 0.24 times by Day 2, while the retail investor portion was fully subscribed, signalling stronger participation from individual investors than the overall book.
Ather Energy’s IPO was subscribed 28% by the second day, with the retail investor portion fully subscribed. The issue URL separately cites overall subscription of 0.24x.
Why this matters
Ather Energy’s Day 2 retail fill follows a prior signal that its retail tranche reached 63% on Day 1 and sits alongside a Day 2 report of 28% overall subscription, showing retail participation ahead of the broader book.
Retail-company signals are accelerating, up +397733% QoQ.