Informative

Ather Energy IPO Fully Subscribed On Day 3

Update / Judgement Date

30 Apr 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Investment BankingStart-Up & DPIITStock Market

Ather Energy's ₹2,926 crore initial public offering (IPO) was fully subscribed on the third day, driven by strong interest from institutional investors. The funds raised will support the company's plans to expand manufacturing capacity, invest in research and development, and enhance its market presence in the electric two-wheeler segment.

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Ather Energy IPO Fully Subscribed On Day 3

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