Ather Energy IPO reaches 28% subscription on Day 2
Ather Energy’s public issue was subscribed 28% by the second day of bidding, offering an early indicator of investor appetite for the Indian electric two-wheeler maker.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, providing an early read on investor demand for the Indian electric two-wheeler maker.
Why this matters
The Day 2 update follows resurfaced April 2025 signals reporting 63% Day 1 retail subscription and 28% overall subscription with the retail quota fully subscribed, plus HDFC Securities’ Buy initiation with 31% upside.
The retail-company theme is accelerating, up 225583% QoQ.