Ather Energy IPO reaches 28% subscription by Day 2; retail quota fully booked
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed, signalling stronger demand from individual investors than the overall book.
Ather Energy’s IPO was subscribed 28% by the second day, while the retail investor portion was fully subscribed.
Why this matters
The IPO’s fully booked retail tranche follows Ather’s expansion to 700 Experience Centres and FY26 sales growth of 69%, while investors also weigh lock-in expiry and rare-earth supply risks.
Retail-company signals are accelerating, up 218550% QoQ.