Resurfacing Ather Energy's April IPO update: 28% subscription on Day 2, retail quota fully subscribed
Resurfacing a report that Ather Energy's IPO was subscribed 28% by the end of Day 2 on April 29, 2025. The retail investor portion was fully subscribed, signalling stronger demand from individual investors than the overall book.
Ather Energy’s IPO was subscribed 28% by the end of its second day, while the retail investor portion was fully subscribed at 100%.
Why this matters
The April IPO-demand snapshot adds an early retail-demand marker to recent Ather signals on June lock-in expiry and its post-IPO outlook, which flagged 31% analyst upside alongside lock-in, supply-chain and EV risks.
Retail-company is accelerating, up 312050% QoQ.