Resurfacing April 2025 update: Ather Energy IPO had reached 28% subscription on Day 2; retail quota fully booked
Resurfacing a move from April 29, 2025 — Ather Energy’s IPO had received 28% overall subscription by the second day of bidding, while the retail investor portion was fully subscribed. The update pointed to stronger retail participation than institutional demand at that stage.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed. The source URL references overall subscription of 0.24x.
Why this matters
The Day 2 retail sellout followed Ather Energy’s retail IPO tranche reaching 63% subscription on Day 1, reinforcing stronger early retail demand than institutional demand.
Retail-company signals are accelerating, up 165000% QoQ.