Ather Energy’s IPO Sparks Interest, Hits 16% Subscription on Day 1

Unknown Apr 02, 2026 2 Views

Ather Energy’s ₹2,981 crore IPO opened with 16% overall subscription on April 28, driven by 63% retail demand and 1.78x employee oversubscription, while QIBs stayed cautious. The electric two-wheeler maker aims to raise funds for a new Maharashtra factory, debt repayment, and R&D, prici...