Delhivery IPO reaches 4% subscription in first two hours; retail book at 23%
Delhivery’s IPO was subscribed 4% overall within two hours of opening, with the retail investor portion covered 23%, signalling stronger early participation from individual investors.
Delhivery’s IPO was 4% subscribed overall within its first two hours of opening, while the retail investor portion was 23% subscribed.
Why this matters
The opening-day update follows recent Delhivery signals reporting 23% retail subscription and 4% overall subscription in the first two hours, confirming the same early demand pattern across the IPO book.
Retail-company signals are accelerating, up 221467% QoQ.