Delhivery IPO reaches 4% subscription in first two hours; retail portion at 23%
Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding, with the retail investor allocation reaching 23% subscription.
Delhivery’s IPO was subscribed 4% overall within its first two hours of bidding, while the retail investor allocation reached 23% subscription.
Why this matters
The signal resurfaces Delhivery's May 2022 IPO opening, aligning with prior updates reporting 4% overall subscription in two hours and a 23% retail book.
Retail-company signals are accelerating, up 203286% QoQ.