Ather Energy IPO retail tranche was fully subscribed by Day 2, resurfacing an April 2025 milestone
Resurfacing a move from Ather Energy's April 2025 IPO: the offering had drawn 28% overall subscription by the second day of bidding, while the retail investor portion was fully booked, signalling stronger small-investor interest than institutional demand.
Ather Energy’s IPO was subscribed 28% by the second day, or 0.24 times the shares offered. The retail investor portion was fully subscribed at 100%.
Why this matters
Ather Energy's IPO-demand signal sits alongside a repeat April 2025 Day 2 subscription update and HDFC Securities' June initiation with a Buy rating and 31% upside.
retail-company is accelerating at +310625% QoQ.