Resurfacing: Ather Energy IPO had reached 28% subscription on Day 2 (April 2025); retail quota fully subscribed
Resurfacing a April 2025 update: Ather Energy’s IPO had drawn 28% overall subscription by April 29, 2025, its second day of bidding. The retail investor portion was fully subscribed, signalling stronger demand from individual investors than from the issue overall.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed at 100%.
Why this matters
The Day 2 update follows Ather Energy’s Day 1 IPO signal, when the retail tranche reached 63% subscription, and sits alongside coverage of IPO developments and rare-earth supply risks for Indian EV makers.
The retail-company theme is accelerating, up +207100% QoQ.