Resurfacing Ather Energy's April 2025 IPO Day 2: 28% subscription, retail quota fully booked
Revisiting Ather Energy's IPO, which was subscribed 28% by Day 2 back in late April 2025, while the retail investor portion was fully subscribed, signalling strong individual-investor interest despite lower overall demand at the time.
Ather Energy’s IPO was subscribed 28% by Day 2, with the retail investor portion fully booked. The electric two-wheeler maker’s issue had received subscriptions of about 0.24 times overall.
Why this matters
The Day 2 update follows an April Day 1 signal showing Ather Energy's retail IPO quota at 63% and precedes June coverage citing 31% upside alongside lock-in and supply-risk flags.
Retail-company signals are accelerating +257040% QoQ.