Ather Energy IPO reaches 0.24x subscription on Day 2; retail tranche fully booked
Ather Energy’s IPO was subscribed 0.24 times by the second day of bidding, with the retail investor portion fully subscribed—an early demand signal for the electric two-wheeler maker.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, indicating early investor demand for the Indian electric two-wheeler maker.
Why this matters
The bidding update precedes Ather Energy’s later Buy-call coverage ahead of lock-in expiry and analysis of post-IPO valuation, lock-in and EV supply exposure. It also matches the resurfaced April 2025 Day 2 subscription update.
retail-company is accelerating, up 406800% QoQ.