Ather Energy IPO's April Day-2 subscription resurfaces: reached 28%, with retail portion fully booked
Resurfacing an April 29, 2025 update: Ather Energy's IPO was subscribed 28% by Day 2, with the retail-investor quota fully subscribed as of that date. The update signaled strong individual-investor demand even as overall institutional participation remained early-stage at the time.
Ather Energy’s IPO was subscribed 28% by its second day, while the retail investor portion was fully subscribed. The issue stood at 0.24 times subscription as of April 29, 2025.
Why this matters
The April 29 Day 2 update follows related signals that Ather Energy's retail IPO tranche reached 63% subscription on Day 1 and that SBI Mutual Fund trimmed its stake to 5.06%.
Retail-company theme trend: accelerating, up 1,049,900% QoQ.