Ather Energy IPO: Retail Portion Subscribed 63% on Day 1
Ather Energy's IPO saw its retail tranche booked 63% on the opening day of bidding (April 28, 2025). The electric two-wheeler maker's listing drew mixed investor interest, signaling ongoing momentum in India's EV mobility retail market.
Ather Energy's IPO saw its retail portion subscribed 63% on day one of bidding. The electric two-wheeler maker's listing drew varied investor interest, reflecting mobility retail momentum in the Indian EV market.
Why this matters
The 63% Day 1 retail booking follows Ather Energy's ~200% stock surge over the year on record FY26 sales and a doubled retail network, plus Nomura's Buy call lifting its target to ₹1,470 as a top EV pick.
Retail-company signals are accelerating, up +726700% QoQ.