Ather Energy IPO reaches 28% subscription on day two; retail quota fully booked
Ather Energy’s IPO was subscribed 28% on the second day of bidding, while the retail investor portion was fully subscribed—signalling stronger individual investor interest than overall demand.
Ather Energy’s IPO was subscribed 28% on the second day of bidding, indicating investor demand for the Indian electric two-wheeler retailer and manufacturer.
Why this matters
The Day 2 result follows a prior signal showing Ather Energy’s retail IPO portion at 63% subscription on Day 1. The April 2025 move is resurfacing as retail demand outpaced overall IPO subscription.
The retail-company theme is accelerating, up 1,095,600% QoQ.