Ather Energy IPO Day 3: Muted QIB demand, sliding GMP —Will the issue cross the finish line?

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The Economic Times India 5h

Ather Energy IPO Day 3: Muted QIB demand, sliding GMP —Will the issue cross the finish line?

Ather Energy’s Rs 3,000-crore IPO is struggling on its final day, with just 37% overall subscription as of midday and QIB interest at a mere 2%. The grey market premium has dropped to Rs 1, reflecting weak sentiment. While analysts remain cautiously optimistic, the IPO’s fate now hinges on a possib»»»

economictimes.indiatimes.com
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