Delhivery IPO sees 4% subscription in first two hours; retail tranche reaches 23%
Logistics platform Delhivery’s IPO was subscribed 4% overall in the first two hours of bidding, with the retail investor portion receiving 23% subscription.
Delhivery’s IPO was subscribed 4% overall in its first two hours of bidding, while the retail investor portion reached 23% subscription.
Why this matters
The update confirms Delhivery’s early IPO demand pattern, following recent signals reporting 4% overall subscription in the first two hours and 23% retail-tranche subscription.
Retail-company signals are accelerating, up 255300% quarter over quarter.