Resurfacing: Ather Energy IPO reached 28% subscription on Day 2 (April 2025)
Ather Energy's IPO had been subscribed 28% by the second day of bidding, according to an April 29, 2025 update now resurfacing. The EV maker's market debut was a closely watched capital-markets signal for India's consumer mobility sector.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, according to an April 29, 2025 update.
Why this matters
The Day 2 total follows a resurfaced signal showing Ather Energy's retail portion reached 63% on Day 1 and another noting the retail book was fully subscribed. It also adds context to a resurfaced HDFC Securities Buy call citing upside and supply-chain risks.
retail-company is accelerating, up +309375% QoQ.