Delhivery IPO draws 4% subscription in first two hours; retail book at 23%
Delhivery’s initial public offering was subscribed 4% within the first two hours of bidding, while the retail investor portion reached 23% subscription.
Delhivery’s IPO was subscribed 4% in its first two hours of bidding, with the retail investor portion covered 23%.
Why this matters
The update matches recent Delhivery signals reporting 23% retail subscription and 4% overall IPO subscription during the first two hours of bidding.
Retail-company signals are accelerating, up 223183% QoQ.