Resurfacing Ather Energy's April 2025 IPO: 28% subscription on Day 2, retail quota fully booked
Revisiting a late-April 2025 update: Ather Energy's IPO was subscribed 28% by the second day of bidding, with the retail investor portion fully subscribed. The response had offered an early read on public-market appetite for the electric two-wheeler maker at the time.
What happened
Ather Energy’s IPO was 28% subscribed by the second day of bidding, while the retail investor portion was fully subscribed at 100%.
Key facts
- 28% overall subscription
- 100% retail portion subscription
- Day 2 of bidding
- April 29, 2025
Why this matters
Ather’s IPO provides an early capital-markets benchmark for EV two-wheeler peers, with the retail-led order book signaling brand appeal but not yet broad investor consensus.