Ather: Issue Subscribed 0.24X So Far, Retail Booked 100%

SUMMARY Retail individual investors (RIIs) bid for 97.96 Lakh shares as against 97.34 Lakh shares reserved for them, resulting in an oversubscription of 1.01X Earlier this month, Ather Energy filed its red herring prospectus (RHP) with SEBI to raise INR 2,981 Cr through an IPO Ather Energy is set to become the second EV startup [...]