Ather Energy IPO: Revisiting the April 2025 Day 2 update showing 28% subscription; retail quota fully subscribed
Resurfacing a late-April 2025 milestone: Ather Energy's IPO was subscribed 28% by the second day of bidding, while the retail investor portion reached full subscription, signalling stronger individual-investor demand than overall institutional uptake.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed at 100%. The update was published on April 29, 2025.
Why this matters
The Day 2 retail milestone followed 63% retail subscription on Day 1; more recently, HDFC Securities initiated Ather Energy at Buy with 31% upside.
Retail-company signals are accelerating, up 167422% QoQ.