Ather Energy IPO Day 2: Issue subscribed 28%; retail, employee portions fully booked
The initial public offering of Indian electric two-wheeler maker firm – Ather Energy Ltd (AEL) – commenced on Monday, April 28, aiming to raise Rs 2,981.06 crore. The share sale window will conclude on April 30. On the second-day of the bidding process, the issue subscribed to 28 per cent. It comprises a fresh issue…