Resurfaced: Ather Energy IPO hit 28% subscription on Day 2 back in April 2025; retail book was fully subscribed
Resurfacing a April 29, 2025 update: Ather Energy’s IPO was subscribed 28% by the second day of bidding on April 29, 2025. The retail investor allocation was fully subscribed at that time, signalling stronger individual-investor demand than the overall issue level.
Ather Energy’s IPO was subscribed 28% by the second day, with the overall issue booked 0.24 times and the retail investor portion fully subscribed.
Why this matters
The Day 2 update follows resurfaced coverage of Ather Energy’s retail portion reaching 63% on Day 1 and HDFC Securities’ June Buy call citing 31% upside alongside lock-in and supply-chain risks.
retail-company is accelerating, up 309275% QoQ.