Ather Energy's IPO fully subscribed on last day of bidding

Electric scooter maker Ather Energy's IPO was fully subscribed on Wednesday, the final day of the bidding. The segment for retail investors got fully subscribed by 1.45 times as of 1:30 pm, while the portion for non-institutional investors received 34% subscription. The IPO is a combination of a fresh issue worth ₹2,626 crore and an offer-for-sale of 1.1 crore shares.