Resurfacing an April 2025 update: Ather Energy IPO reached 28% subscription on Day 2, retail portion fully booked
Revisiting a report from April 29, 2025: Ather Energy's IPO was subscribed 28% by the second day of bidding, while the retail investor quota was fully subscribed. The update pointed to stronger retail participation than overall institutional and non-institutional demand at the time.
Ather Energy’s IPO was 28% subscribed by the second day of bidding, with the retail investor portion fully booked. Overall bids totaled 0.24 times the shares offered.
Why this matters
The Day 2 update followed a report that Ather Energy's retail IPO quota reached 63% on Day 1. It also precedes a recent bullish brokerage call that flagged the stock's lock-in expiry as a market watchpoint.
Retail-company signals are accelerating, up +167156% QoQ.