Ather Energy’s retail IPO tranche sees 63% subscription on Day 1
Ather Energy’s retail investor portion was subscribed 63% on the first day of IPO bidding, signalling moderate early demand for the electric two-wheeler maker’s public issue.
Ather Energy’s IPO retail portion was subscribed 63% on the first day of bidding.
Why this matters
The Day 1 retail result follows recent Ather Energy IPO tracking that reported the same 63% retail subscription and later showed 0.24x overall subscription by Day 2 with retail fully booked.
The retail-company theme is accelerating, up +205043% QoQ.