Resurfacing an April 2025 update: Ather Energy IPO had reached 28% subscription on Day 2, with retail quota fully booked
Revisiting Ather Energy's IPO progress from April 29, 2025 — the offering was subscribed 28% by the close of Day 2, with the retail investor portion reaching full subscription. The update had offered an early read on public-market demand for the electric two-wheeler maker.
Ather Energy’s IPO was subscribed 28% by the end of Day 2, while the retail investor portion was fully subscribed at 100%.
Why this matters
The Day 2 update followed an April Day-1 signal showing Ather Energy's retail quota at 63% and preceded HDFC Securities' June Buy call citing 31% upside.
The retail-company theme is accelerating, up 166811% QoQ.