Ather Energy’s retail IPO tranche resurfaces: 63% subscription seen on Day 1 back in April
Resurfacing a late-April move: Ather Energy’s retail investor portion was subscribed 63% on the first day of IPO bidding on April 28, signalling early investor interest in the electric two-wheeler maker’s public issue.
Ather Energy’s IPO retail investor portion was subscribed 63% on the first day of bidding, indicating initial demand for the Indian electric two-wheeler maker’s public issue.
Why this matters
The Day 1 retail update preceded signals that Ather Energy’s IPO reached 28% overall subscription on Day 2 with the retail quota fully booked, while a June 2025 lock-in expiry put nearly 6% of shares into play.
Retail-company signals are accelerating, up 257820% QoQ.