Delhivery IPO draws 4% subscription in first two hours; retail portion at 23%
Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding, while the retail investor quota received 23% subscription.
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, with the retail investor portion receiving 23% subscription.
Why this matters
The update aligns with recent Delhivery IPO signals reporting 4% subscription in the first two hours and 23% retail demand across the retail tranche and book.
Retail-company signals are accelerating, up 222783% QoQ.