Resurfacing Ather Energy's April IPO update: 28% subscription reached on Day 2
A resurfaced April 29 update shows Ather Energy's public issue was subscribed 28% by the close of bidding on its second day, offering an early read on investor appetite for the electric two-wheeler maker at the time.
Ather Energy’s IPO had been subscribed 28% by the end of its second day of bidding, according to an April 29, 2025 update.
Why this matters
The Day 2 overall-issue reading follows resurfaced signals that Ather Energy's retail IPO tranche reached 63% on Day 1. Later coverage also cites lock-in expiry and rare-earth risks in a Buy-call outlook.
Retail-company signals are accelerating, up +255680% QoQ.