Delhivery IPO draws 4% overall subscription in first two hours
Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding, while the retail investor portion saw 23% subscription.
Delhivery’s IPO was subscribed 4% overall, with the retail investor portion covered 23% within the first two hours of bidding.
Why this matters
The result matches two recent signals reporting Delhivery’s IPO at 4% overall subscription and 23% retail subscription, plus a resurfaced May 2022 update with the same figures.
Retail-company signals are accelerating by +203800% QoQ.