Retail Portion Subscribed 63% On Day 1

Retail individual investors bid for 61.25 Lakh shares on the first day of bidding as against 97.34 Lakh shares on offer

Ather Energy’s IPO comprises a fresh issue of up to INR 2,626 Cr and an offer-for-sale component of up to 1.1 Cr shares

Last week, the EV maker raised INR 1,340 Cr in its anchor round led by SBI Mutual Fund

The initial public offering (IPO) of electric two-wheeler maker Ather Energy saw strong demand from retail investors, who subscribed to 63% of the reserved shares for them on the first day of…