Ather Energy's IPO subscribed 16% on Day 1, retail booked over 60%

Mansi Agarwal, Published on Apr 28th, 2025

Ather Energy's IPO subscribed 16% on Day 1, retail booked over 60%

Electric scooter maker Ather Energy's IPO was subscribed around 16% on the first day of the bidding (April 28). The retail portion was booked over 60%, while the quota for non-institutional investors was subscribed 16%. The qualified institutional buyers (QIBs) segment didn't see any subscription. The IPO will close on April 30.

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