Delhivery IPO sees 23% retail subscription in first two hours
Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding, with the retail investor portion receiving 23% subscription, according to Inc42.
Delhivery’s IPO was subscribed 4% overall within its first two hours of bidding, while the retail investor portion received 23% subscription.
Why this matters
The update matches recent Delhivery IPO signals reporting 4% overall subscription and 23% retail uptake in the first two hours, including a resurfaced May 2022 report.
Retail-company signals are accelerating, up 218217% quarter over quarter.