Resurfacing: Ather Energy IPO Had Reached 28% Subscription on Day 2 (April 2025)
Ather Energy’s IPO was subscribed 28% by the second day of bidding back in late April 2025, offering an early read at the time on investor appetite for India’s electric two-wheeler market.
Ather Energy’s initial public offering was subscribed 28% by the second day of bidding, indicating early investor demand for the Indian electric two-wheeler maker.
Why this matters
The Day 2 reading follows a resurfaced Day 1 report that put Ather Energy’s retail quota at 63% subscribed; a June 2025 signal later paired a 31% upside call with lock-in and supply-risk flags.
Retail-company signals are accelerating, up 257200% QoQ.