Resurfacing Ather Energy IPO's 28% subscription on Day 2 from April 2025; retail quota fully booked
Resurfacing news that Ather Energy's IPO was subscribed 28% by Day 2 of bidding on April 29, 2025. The retail investor portion was fully subscribed, signalling stronger demand from individual investors than from the overall book.
What happened
Ather Energy’s IPO was subscribed 28% by Day 2, while the linked headline cited 0.24x subscription. The retail investor portion was reported as fully booked.
Key facts
- 28% overall subscription by Day 2
- 0.24x subscription cited in URL
- Retail portion 100% booked
Why this matters
The retail response strengthens Ather’s market-awareness narrative, though the incomplete book tempers any read-through on valuation support or strategic financing momentum.