Retail Portion Subscribed 50% On Day 1 So Far

As per BSE data, retail individual investors (RIIs) had bid for 48.73 Lakh shares against 97.34 Lakh shares on offer as of 2:18 PM today

Ather’s IPO comprises a fresh issue size of INR 2,626 Cr and an offer for sale component of 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 is witnessing steady demand from retail investors, who have subscribed 50% of the portion reserved for them on…