Ather Energy IPO's Day 2 subscription resurfaces: 28% booked, retail quota fully subscribed
Resurfacing a late-April 2025 milestone: Ather Energy's IPO was subscribed about 28% by the close of Day 2 on April 29, 2025. The retail investor portion was fully booked, signalling stronger individual-investor demand than overall subscription levels suggest.
Ather Energy’s IPO was subscribed about 28% by the end of Day 2, while the retail investor portion was fully booked, indicating strong retail demand despite lower overall subscription.
Why this matters
The Day 2 update follows a resurfaced April signal that put Ather Energy’s day-one retail tranche at 63% and precedes a resurfaced May signal on 31% analyst upside and a June lock-in expiry.
retail-company is accelerating, up 224667% QoQ.