Ather Energy’s IPO, valued at INR 2,981 crore, was fully subscribed today, driven by a late surge in demand from qualified institutional buyers (QIBs), who subscribed 1.28 times their allotted portion. By 1:24 PM, the IPO had received bids for 5.66 crore shares compared to the 5.33 crore shares on offer, translating to an overall subscription rate of 1.08 times, according to data from the BSE.
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