Delhivery IPO sees 4% subscription in first two hours; retail tranche at 23%
Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding, with the retail investor portion subscribed 23%, signalling early retail interest in the logistics platform’s public-market debut.
Delhivery’s IPO was subscribed 4% overall within its first two hours of bidding, while the retail investor portion was subscribed 23%.
Why this matters
The early bidding data follows separate signals tracking Delhivery’s 4% overall and 23% retail IPO subscriptions, while a 2021 Primaseller acquisition signal highlights its retail-tech history.
Retail-company signals are accelerating, up 254620% QoQ.