Resurfacing April 2025 move: Ather Energy IPO had reached 28% subscription on Day 2; retail quota fully booked
Resurfacing a report from April 29, 2025: Ather Energy’s IPO was subscribed 28% by its second day of bidding. The retail investor portion had reached full subscription, signalling stronger demand from individual investors than the overall book.
What happened
Ather Energy’s IPO was subscribed 28% by the second day of bidding on April 29, 2025. The retail investor portion was fully subscribed at 100%.
Key facts
- 28% total IPO subscription by day 2
- 100% retail portion subscription
Why this matters
The retail-led subscription profile validates Ather’s consumer visibility and could strengthen its strategic currency, though limited overall bookbuilding momentum may temper near-term deal leverage.