Delhivery IPO sees 4% overall subscription in first two hours
Delhivery’s initial public offering was subscribed 4% overall in the first two hours of bidding, with the retail investor portion subscribed 23%.
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 signal aligns with related coverage of Delhivery’s IPO reaching 4% subscription in its first two hours, including a resurfaced May 2022 report that put retail subscription at 23%.
Retail-company signals are accelerating, up +205357% QoQ.