Ather Energy IPO's 28% Day 2 subscription resurfaces from April 2025; retail portion was fully subscribed
Resurfacing from April 29, 2025: Ather Energy's IPO was subscribed 28% by the second day of bidding. The retail investor portion was fully booked, signalling stronger individual demand than the overall issue subscription level.
What happened
Ather Energy’s IPO was subscribed 28% by the second day of bidding, with the source URL also citing 0.24x overall subscription and full booking in the retail
Key facts
- 28% overall subscription by Day 2
- 0.24x subscription referenced in source URL
- 100% subscription in retail category
Why this matters
The split between fully booked retail demand and lower overall subscription highlights Ather’s consumer appeal, while the final bookbuild will better indicate its strategic valuation and partnership currency.