Ather Energy IPO's 28% Day 2 subscription, retail quota fully booked, resurfaces from April

Inc42 reported that Ather Energy’s IPO was 28% subscribed by the end of Day 2, with the retail-investor portion fully subscribed, a development resurfacing from April 29, 2025. The source URL references 0.24x overall subscription, indicating a minor reporting discrepancy.

— Filed Thu, 23 Jul, 2026, 13:35 IST · Source Inc42 · Quick Commerce · Updated

Ather Energy’s IPO was subscribed 28% by the end of Day 2, while the retail-investor portion was fully subscribed. The source URL reported overall subscription at 0.24x.

Why this matters

Ather Energy’s Day 2 retail sellout follows a Day 1 signal reporting its retail tranche at 63% subscribed and related resurfacing coverage of the April 2025 IPO milestone.

retail-company is accelerating (+1036000% QoQ).