Ather Energy IPO reaches 28% subscription on Day 2; retail quota fully booked
Ather Energy’s IPO was subscribed 28% by the end of its second bidding day, with the retail investor portion reaching full subscription.
Ather Energy’s IPO was subscribed 28% by the end of Day 2, while the retail investor portion was fully subscribed at 100%.
Why this matters
The Day 2 subscription update follows signals on a Buy call citing 31% upside as post-IPO share supply approaches and resurfaced April 2025 reports of the same 28% subscription result.
The retail-company theme is accelerating, up +226833% QoQ.