Resurfacing an April 2025 move: Ather Energy IPO retail quota fully subscribed on Day 2; overall bids at 0.24x
Ather Energy's IPO retail portion was fully subscribed by Day 2, while overall subscription stood at 0.24x as of April 29, 2025, according to Inc42. This update, resurfacing from that date, signals stronger demand from retail investors than from other investor categories.
What happened
Ather Energy’s IPO was 28% subscribed on day two, while the retail investor portion was fully booked. The referenced source reported overall subscription at
Key facts
- 28% overall subscription
- 100% retail portion subscribed
- 0.24x subscription
- Day 2
- April 29, 2025
Why this matters
Ather’s uneven IPO demand provides a nuanced EV-sector valuation signal: consumer interest is robust, while larger investors appear more selective on pricing and growth assumptions.