Delhivery IPO sees 4% overall subscription in first two hours; retail book at 23%
Delhivery’s IPO was subscribed 4% overall within two hours of opening, with the retail investor portion drawing 23% subscription, signalling early individual-investor participation.
Delhivery’s IPO was subscribed 4% overall within its first two hours of opening, while the retail investor portion received 23% subscription.
Why this matters
The signal resurfaces Delhivery’s May 2022 IPO opening, matching recent signals on its 4% two-hour overall subscription and 23% retail quota uptake.
Retail-company signals are accelerating, up +259740% QoQ.