Resurfacing an April 2025 move: Ather Energy IPO had reached 28% subscription on Day 2, with retail tranche fully subscribed
Resurfacing details from April 29, 2025: Ather Energy's IPO was subscribed 28% overall by Day 2, with the retail investor portion fully subscribed. The update had signaled stronger early demand from retail investors than from the broader book.
Ather Energy’s IPO was subscribed 28% by Day 2, while the retail investor portion was fully subscribed.
Why this matters
The Day 2 update followed signals that Ather Energy's retail IPO tranche had reached 63% subscription on Day 1, showing retail demand outpaced overall book demand early in the offering.
Retail-company signals are accelerating, up 1,092,400% QoQ.