Ather Energy’s IPO retail quota sees 63% subscription on Day 1
Electric two-wheeler maker Ather Energy’s retail investor portion was subscribed 63% on the first day of its IPO bidding, signalling early interest but leaving the category short of full subscription at the Day 1 close.
Ather Energy’s IPO retail portion was subscribed 63% on the first day of bidding.
Why this matters
Ather Energy’s Day 1 retail subscription of 63% precedes a related Day 2 signal showing the retail portion fully booked, while overall IPO subscription reached 0.24x.
The retail-company theme is accelerating, up 204800% QoQ.