Delhivery IPO draws 4% subscription in first two hours; retail quota reaches 23%
Delhivery’s public offering was subscribed 4% within its first two hours of bidding, while the retail-investor portion reached 23%, signalling early participation in the logistics and e-commerce delivery company’s IPO.
Delhivery’s IPO was subscribed 4% in its first two hours, with the retail investor quota subscribed 23%, indicating early investor participation in the Indian logistics and e-commerce delivery company’s public offering.
Why this matters
The early bidding update follows recent Delhivery signals reporting 4% overall subscription and 23% retail subscription in the IPO’s first two hours.
Retail-company signals are accelerating, up +219117% QoQ.