Ather Energy IPO reaches 28% subscription on Day 2; retail quota fully subscribed
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed, signalling stronger demand from individual investors than from the overall book.
Ather Energy’s IPO was subscribed 28% on the second day of bidding, with the retail investor portion fully subscribed at 100%.
Why this matters
The Day 2 retail sellout follows signals on Ather Energy’s IPO subscription, a Buy call ahead of lock-in expiry, and post-IPO concerns around valuation, lock-in risk and EV supply exposure.
Retail-company signals are accelerating, up 407033% QoQ.