Delhivery IPO draws 23% retail subscription in first two hours
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, with the retail-investor portion reaching 23%, signalling early interest in India’s ecommerce and quick-commerce logistics infrastructure.
Delhivery’s IPO was subscribed 4% overall within its first two hours, while the retail investor segment was 23% subscribed. The listing is relevant to India’s e-commerce and quick-commerce logistics ecosystem.
Why this matters
The update follows recent Delhivery signals reporting 4% overall IPO subscription in the first two hours and a 23% retail tranche, reinforcing early retail participation in the offering.
Retail-company signals are accelerating, up 222933% QoQ.