Ather Energy IPO's 28% Day 2 subscription resurfaces from late April; retail book was fully subscribed

Resurfacing details from Ather Energy's IPO bidding window in late April 2025: the issue was subscribed 28% by the second day, with the retail investor quota fully subscribed. The retail response signaled consumer-market interest in the electric two-wheeler maker despite muted overall demand.

— Filed Sun, 26 Jul, 2026, 02:32 IST · Source Inc42 · Quick Commerce · Updated

Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed at 100%.

Why this matters

The resurfaced IPO data matches recent signals reporting Ather Energy's 28% Day 2 subscription and a fully booked retail tranche, highlighting stronger retail participation than overall institutional demand.

The retail-company theme is accelerating, up +1110200% QoQ.