Ather Energy IPO subscription resurfaces: 28% booked on Day 2, retail portion fully subscribed (April 29 update)
Resurfacing an April 29, 2025 update: Ather Energy's IPO was subscribed 28% by the second day of bidding, with the retail investor quota fully subscribed. An earlier overall subscription figure of 0.24x was also cited in the update.
What happened
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully booked. The cited overall subscription level was
Key facts
- IPO subscribed 28% by Day 2
- Retail portion subscribed 100%
- Overall subscription cited as 0.24x
Why this matters
The split between retail enthusiasm and modest overall participation suggests Ather’s brand equity is an asset, while valuation and execution will remain central to strategic interest.