Resurfacing April 29 update: Ather Energy IPO had reached 28% subscription on Day 2; retail tranche fully booked
Resurfacing a late-April move: Ather Energy’s IPO was subscribed 28% by April 29, the second day of bidding. The retail investor portion was fully subscribed, signalling strong participation from individual investors despite modest overall demand.
Ather Energy’s IPO was subscribed 28% by the second day, equivalent to 0.24 times the shares on offer. The retail investor portion was fully subscribed.
Why this matters
The resurfaced Day 2 demand snapshot complements recent signals on Ather Energy’s 31% upside call, lock-in and rare-earth supply watchpoints, and other April 2025 IPO subscription updates.
retail-company is accelerating, up +258240% QoQ.