Resurfacing: Ather Energy IPO had reached 28% subscription on Day 2 (April 29, 2025); retail tranche was fully booked
Resurfacing a late-April move: Ather Energy's IPO was subscribed 28% by the end of its second day of bidding on April 29, 2025. The retail investor portion was fully subscribed, up from an earlier overall subscription level of 0.24x.
Ather Energy’s IPO was subscribed 28% by the end of Day 2. An earlier update cited 0.24x subscription, while the retail investor portion was fully booked.
Why this matters
The Day 2 result follows Ather Energy's Day 1 retail portion reaching 63% subscription and aligns with a separate April update reporting 28% overall subscription and a fully booked retail quota.
retail-company is accelerating, up +566450% QoQ.