Delhivery IPO sees 23% retail subscription in first two hours
Delhivery’s IPO was subscribed 4% overall within the first two hours of opening, with the retail investor portion subscribed 23%.
Delhivery's IPO received 4% total subscription within its first two hours of opening, while the retail investor portion was subscribed 23%.
Why this matters
It follows recent Delhivery signals reporting 4% IPO subscription in the first two hours and a 23% retail tranche, with the retail book also described as reaching 23%.
Retail-company signals are accelerating, up 221350% QoQ.