Ather Energy IPO reaches 28% subscription by Day 2; retail tranche fully booked
Ather Energy’s public issue was subscribed 28% by the second day of bidding, with the retail investor portion reaching full subscription.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed.
Why this matters
The Day 2 update follows signals that Ather Energy’s retail IPO tranche reached 63% subscription on Day 1 and that its June 2025 lock-in expiry could become a share-supply event.
Retail-company signals are accelerating, up 205529% QoQ.