Ather Energy IPO reaches 28% subscription on Day 2; retail tranche fully subscribed

Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed, signalling stronger demand from individual investors than the overall book.

— Filed Mon, 3 Aug, 2026, 16:16 IST · Source Inc42 · Quick Commerce · Updated

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 reading follows a prior April 2025 signal that Ather Energy’s retail tranche reached 63% subscription on Day 1. Recent signals have also resurfaced the IPO’s 28% Day 2 subscription milestone.

Retail-company signals are accelerating, up 227900% QoQ.