Delhivery IPO draws 23% retail subscription in first two hours
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, while the retail investor portion reached 23%, according to Inc42.
Delhivery’s IPO was subscribed 4% overall within two hours of opening, while the retail investor portion reached 23% subscription.
Why this matters
The signal repeats recent tracking of Delhivery’s May 2022 IPO opening, which also recorded 4% overall subscription in two hours and 23% retail uptake.
Retail-company signals are accelerating, up 397667% QoQ.