Ather Energy IPO's 28% Day 2 subscription resurfaces from April 2025; retail quota was fully subscribed
Resurfacing from April 29, 2025: Ather Energy's IPO was subscribed 28% by the end of Day 2. The retail investor portion was fully subscribed, while total demand stood at about 0.24x of the issue.
What happened
Ather Energy’s IPO was subscribed 28% by the end of Day 2, with the retail investor portion fully subscribed at 100%. Overall issue subscription stood at 0.24
Key facts
- 28% overall subscription
- 0.24x issue subscription
- 100% retail portion subscription
- Day 2
- April 29, 2025
Why this matters
Ather’s retail appeal reinforces the strategic value of consumer-facing EV brands, while muted aggregate demand may temper near-term valuation expectations for sector deals.