Delhivery IPO sees 4% overall subscription in first two hours; retail portion at 23%
Delhivery’s IPO was subscribed 4% overall during the first two hours of bidding, with the retail investor category reaching 23% subscription.
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, while the retail investor portion was subscribed 23%.
Why this matters
The update aligns with recent Delhivery signals reporting 4% IPO subscription in the first two hours and retail-book subscription of 23%, reinforcing early retail participation as a key demand indicator.
Retail-company signals are accelerating, up 220467% QoQ.