Ather Energy IPO subscribed 28% by Day 2 (resurfacing April 2025 update)
Resurfacing an April 29, 2025 market update: Ather Energy's IPO had received 28% subscription by the second day of bidding, offering an early read on investor demand for the electric two-wheeler maker at the time.
What happened
Ather Energy’s IPO was subscribed 28% as of Day 2, according to the supplied headline. The Indian electric two-wheeler company’s issue-demand update was
Key facts
- 28%
- Day 2
- April 29, 2025
Why this matters
Ather’s partial Day 2 subscription indicates the EV two-wheeler sector remains investable but selective, offering peers and potential partners a useful benchmark for public-market appetite and deal pricing.