Ather Energy IPO crosses the line in final hours of Day 3; retail portion booked 1.55 times

Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors showed consistent interest, while QIBs surged in the last stretch. Despite valuation concerns and a declining GMP, analysts offer mixed recommendations, citing Ather’s growth potential and premium positioning.

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