Delhivery IPO sees 4% overall 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.
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, while the retail investor portion received 23% subscription.
Why this matters
The update reinforces recent signals reporting Delhivery’s IPO at 4% overall subscription within two hours, with the retail tranche reaching 23%, indicating stronger early retail participation than overall demand.
The retail-company theme is accelerating, up 1,114,500% QoQ.