Delhivery IPO draws 4% subscription in first two hours; retail portion reaches 23%
Logistics firm Delhivery’s IPO received 4% overall subscription in its first two hours of bidding, while the retail investor allocation was subscribed 23%.
Delhivery’s IPO was subscribed 4% in its first two hours of bidding, with the retail investor portion receiving 23% subscription.
Why this matters
Delhivery's recent signal set repeatedly reports 4% overall IPO subscription in the first two hours and 23% retail participation. A resurfaced May 2022 signal identifies the same early bidding milestone.
Retail-company signals are accelerating, up 1,061,400% quarter over quarter.