Delhivery IPO sees 4% overall subscription in first two hours
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, while the retail investor portion reached 23% subscription.
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, with the retail investor portion subscribed 23%.
Why this matters
The opening follows recent signals reporting Delhivery’s IPO reached 23% retail subscription in its first two hours, showing retail demand outpaced total book participation.
The retail-company theme is accelerating, up 223333% quarter over quarter.