Delhivery IPO sees 4% overall subscription in first two hours
Delhivery’s IPO was subscribed 4% overall within two hours of opening, with the retail investor portion reaching 23% subscription.
Delhivery’s IPO was subscribed 4% overall within its first two hours of opening, while the retail investor portion was 23% subscribed.
Why this matters
The signal matches recent coverage of Delhivery’s May 2022 IPO opening, which also reported 4% overall subscription in two hours and 23% retail subscription.
Retail-company signals are accelerating, up 163433% QoQ.