Delhivery IPO draws 4% subscription in first two hours; retail book at 23%
Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding, while the retail investor portion reached 23% subscription.
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, with the retail investor portion subscribed 23%.
Why this matters
The update reinforces recent Delhivery IPO signals showing 4% overall subscription and 23% retail subscription in the first two hours of bidding.
The retail-company theme is accelerating, up 221933% QoQ.
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