Issue Subscribed 0.24X So Far, Retail Booked 100%

Retail individual investors (RIIs) bid for 97.96 Lakh shares as against 97.34 Lakh shares reserved for them, resulting in an oversubscription of 1.01X

Earlier this month, Ather Energy filed its red herring prospectus (RHP) with SEBI to raise INR 2,981 Cr through an IPO

Ather Energy is set to become the second EV startup to go public in India after Ola Electric, which launched its INR 6,145 Cr IPO last year

The initial public offering (IPO) of electric mobility startup Ather Energy continues to see steady demand from…