Resurfacing a late-April move: Ather Energy IPO had reached 28% subscription on Day 2, with retail tranche fully booked
Resurfacing details from around April 29, 2025 — Ather Energy's IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed. The linked report URL cites 0.24x overall subscription, indicating a likely intraday update or source discrepancy from that period.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed. The cited source URL separately reported overall subscription of 0.24x.
Why this matters
The IPO-demand update aligns with related resurfaced coverage of Ather Energy's Day 2 retail sellout and a Buy call projecting 31% upside as lock-in shares became tradable.
The retail-company theme is accelerating, up 227233% QoQ.