Resurfacing an April 2025 move: Ather Energy IPO had reached 28% subscription on Day 2, with retail quota fully booked
Recirculating details from April 29, 2025 — Ather Energy's IPO was subscribed 28% overall as of its second bidding day. The retail investor portion was fully subscribed, signalling stronger demand from individual investors than from the overall book.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed.
Why this matters
The April 2025 Day 2 subscription update precedes a later Ather Energy Buy call citing 31% upside as post-IPO share supply approaches, shifting attention from IPO demand to aftermarket supply.
Retail-company signals are accelerating, up 226950% QoQ.
Also reported by
- Inc42 · Quick Commerce — 1h after first sighting