Ather Energy IPO reaches 28% subscription by Day 2; retail tranche fully booked
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion reaching 100% subscription—an early signal of strong individual-investor interest in the EV maker.
Ather Energy’s IPO was subscribed 28% by the second bidding day, while the retail investor portion was fully subscribed at 100%.
Why this matters
The retail-led IPO demand follows Ather’s expansion of its Experience Centre network to 700 and FY26 sales growth of 69%, while recent bullish coverage flagged lock-in expiry and rare-earth supply risks.
Retail-company is accelerating, up 218600% QoQ.