Analysts advised investors to subscribe to the issue on the company’s competitive strengths which include a product portfolio focused on various customer segments, a distribution network, experienced management, and a dedicated employee base.
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