Ather Energy IPO reached 28% subscription by Day 2 back in April; retail quota was fully subscribed
Resurfacing an April 29, 2025 update: Ather Energy's IPO was subscribed 28% by the close of Day 2, while the retail investor portion reached full subscription, signalling stronger individual-investor demand than overall bookbuilding.
Ather Energy’s IPO was subscribed 28% by the end of its second day, with the retail investor portion fully subscribed at 100%.
Why this matters
The Day 2 retail sellout followed Ather Energy's April Day 1 retail tranche reaching 63% subscription. Related resurfaced signals also recorded the same 28% overall Day 2 subscription level.
retail-company is accelerating, up 567150% QoQ.