Delhivery IPO sees 4% overall subscription in first two hours; retail book at 23%
Delhivery’s IPO received 4% overall subscription in the first two hours of bidding, with the retail investor portion subscribed 23%, according to Inc42.
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 matches recent Delhivery signals reporting 4% IPO subscription in two hours and 23% retail participation, including a resurfaced May 2022 signal with the same early bidding pattern.
Retail-company signals are accelerating, up 1,109,900% QoQ.