Ather Energy IPO retail tranche was fully subscribed on Day 2 (resurfacing an April 29 update)
Resurfacing details from April 29: Ather Energy's IPO drew full subscription for its retail investor portion by Day 2 of bidding, while overall subscription was reported at roughly 0.24x to 0.28x across updates.
Ather Energy’s IPO was subscribed 28% on the second bidding day, with the retail investor portion fully booked. Source details also cited overall issue subscription of 0.24x as of April 29, 2025.
Why this matters
The Day 2 retail milestone follows Ather Energy's reported 63% Day 1 retail subscription. It contrasts with lower overall subscription and follows an archive signal citing upside potential alongside lock-in supply risk.
retail-company activity is accelerating, up 183,150% QoQ.