Resurfacing an April 2025 move: Ather Energy's retail IPO portion had been subscribed 63% on Day 1
Resurfacing a move from April 28, 2025, when Ather Energy's retail investor allocation was subscribed 63% on the first day of IPO bidding, signalling early public-market interest in the electric two-wheeler maker.
Ather Energy’s IPO retail investor portion was subscribed 63% on the first day of bidding, April 28, 2025.
Why this matters
The Day 1 retail demand preceded Ather Energy’s IPO reaching 28% overall subscription on Day 2, when the retail quota was fully subscribed. It also adds context to HDFC Securities’ later Buy coverage and 31% upside forecast.
Retail-company signals are accelerating, up 225567% QoQ.