Ather IPO subscribed 1.4 occasions

BENGALURU: Electrical scooter maker Ather Vitality 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 difficulty 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 occasions, adopted by certified institutional patrons at 1.7 occasions. The worker quota was oversubscribed 5.4 occasions.