Resurfacing an April 2025 move: Ather Energy IPO reached 28% subscription at the end of Day 2
Ather Energy’s initial public offering was subscribed 28% by the close of the second day of bidding on April 29, 2025, signalling early investor demand for the electric two-wheeler maker. This is a resurfaced report on that April 2025 milestone.
Ather Energy’s IPO was subscribed 28% by the end of its second day of bidding, according to an April 29, 2025 update.
Why this matters
The April IPO milestone resurfaces as HDFC Securities starts Ather Energy with a Buy call and its Q1 results put Rizta demand, margins and cash burn in focus. A related signal notes the retail quota was fully subscribed on Day 2.
Retail-company signals are accelerating, up 224983% QoQ.