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Ather Energy IPO Done. What Next?

NDTV Profit · Tushar Deep Singh · last updated
The initial public offering of Ather Energy Ltd. sailed through on the final day of subscription, but the lacklustre interest from high networth investors stuck out like a sore thumb.Ather Energy IPO: Subscription StatusThe offering was subscribed 1.43 times as at 7:00 p.m. on Wednesday.Qualified Institutional Buyers: 1.70 times.Non-institutional investors: 0.66 times.Retail investors: 1.78 times.Employees: 5.43 times.The grey market…
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