Ather Energy IPO reaches 28% subscription on Day 2; retail quota fully booked
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion reached full subscription. The issue had earlier recorded 0.24x overall subscription.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed. The issue had previously recorded 0.24 times subscription.
Why this matters
The Day 2 update follows Ather Energy’s April 2025 Day 1 signal, when its retail tranche reached 63% subscription, and adds to coverage of IPO progress alongside rare-earth supply risks for Indian EV makers.
Retail-company signals are accelerating, up 206,929% QoQ.