Resurfacing Ather Energy's April IPO: Day 2 subscription hit 28%, retail portion fully booked
A look back at Ather Energy's IPO, which was subscribed 28% by the end of its second bidding day on April 29, 2025, with the retail-investor quota reaching 100% subscription.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed at 100%.
Why this matters
The April IPO demand snapshot precedes recent signals on bullish coverage around lock-in expiry and Q1 FY27 results, when Ather Energy reported 89% revenue growth and a 71% narrower loss.
The retail-company theme is accelerating, up 227733% QoQ.