Resurfacing April news: Ather Energy IPO reached 28% subscription on Day 2; retail portion fully booked
Resurfacing a late-April 2025 update: Ather Energy's IPO was subscribed 28% by Day 2 of bidding on April 29, 2025. The retail investor portion reached 100% subscription, signalling stronger individual-investor demand than the overall book.
What happened
Ather Energy’s IPO was subscribed 28% on the second day of bidding, with the retail investor portion fully subscribed at 100%.
Key facts
- 28% overall subscription on Day 2
- 100% retail portion subscribed
- April 29, 2025
Why this matters
The retail tranche’s full subscription strengthens Ather’s market visibility and financing narrative, while the incomplete overall book may temper near-term confidence in sector-wide deal appetite.