Ather Energy IPO sees 0.24x subscription on day two; retail portion reportedly fully booked
A URL-level report from Inc42 indicates Ather Energy’s IPO was subscribed 0.24 times by day two, while the retail category was reportedly fully subscribed. The article itself was unavailable due to access restrictions, so figures could not be independently verified.
Ather Energy’s IPO was reported to be subscribed 0.24 times on the second day, with the retail portion indicated as fully booked. Article content was unavailable due to a 403 response; details are inferred from the URL.
Why this matters
The reported 0.24x Day 2 level follows a Day 1 retail tranche at 63% and contrasts with a prior April 2025 update citing 28% overall subscription; both Day 2 reports say retail was fully subscribed.
retail-company is accelerating, up 100913% QoQ.