Ather Energy IPO subscribed 1.43 times on third day

Ather Energy IPO was subscribed 1.43 times on the final day of bidding on Wednesday, April 30. The initial public offering received bids for 7,65,44,046 shares against 5,33,63,160 shares on offer, as per the data on the NSE/

website . The non-institutional investors' (NIIs) category received bids for 96,27,202 shares compared to 1,46,01,478 shares on offer, leading to a subscription of 0.66%. The retail portion has been subscribed 1.78 times, with bids for 1,73,13,710 shares against 97,34,319 shares reserved. The qualified institutional buyers' (QIBs) segment was booked 1.70 times. It secured bids for 4,90,60,472 shares against 2,89,27,363 shares on offer.