Delhivery IPO sees 4% overall subscription in first two hours; retail portion at 23%
Delhivery’s initial public offering was subscribed 4% overall within two hours of opening, with the retail investor quota drawing 23% subscription.
Delhivery’s IPO was subscribed 4% overall within two hours of opening, while the retail investor portion was subscribed 23%.
Why this matters
The update confirms Delhivery's early IPO demand pattern reported in recent signals: 23% retail subscription in two hours and 4% overall subscription with retail at 23%.
Retail-company signals are accelerating, up 218633% QoQ.