Ather Energy’s $352M IPO Fully Subscribed Despite Market Volatility

Electric scooter maker Ather Energy’s $352 million IPO was fully subscribed on the final day, overcoming weak early demand amid market turbulence. Seeking a $1.4 billion valuation, Ather saw strong interest from institutional investors, raising ₹2,413 crore in total, with anchor support from ADIA and Temasek. Hero MotoCorp retained its stake.