Resurfacing an April 2025 move: Ather Energy IPO reached 28% subscription on Day 2

Ather Energy’s IPO had been subscribed 28% by the second day of bidding, according to an April 29, 2025 market update, now resurfacing.

— Filed Wed, 5 Aug, 2026, 10:46 IST · Source Inc42 · Quick Commerce · Updated

Ather Energy’s IPO was subscribed 28% on the second day of bidding, according to an April 29, 2025 update.

Why this matters

The resurfaced IPO update follows signals that Ather Energy’s retail quota reached 63% on Day 1 and that HDFC Securities initiated coverage with a Buy call and 31% upside estimate.

Retail-company signals are accelerating, up 206714% QoQ.