Ather IPO subscribed 1.4 times

BENGALURU: Electric scooter maker Ather Energy closed its Rs 2,981-crore preliminary public providing (IPO) with a complete subscription of 1.4times on Wednesday. This capped a three-day bidding window that noticed sturdy curiosity from retail and institutional buyers.
The subject marked the primary itemizing of the 2025-26 and the primary main tech-led client IPO since 2023-24, testing investor sentiment, amid world geopolitical and market volatility.
Retail buyers led the response, subscribing to their portion 1.8 times, adopted by certified institutional consumers at 1.7 times. The worker quota was oversubscribed 5.4 times.