Delhivery IPO sees 4% subscription in first two hours; retail book reaches 23%
Delhivery’s IPO was subscribed 4% overall in the 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 update aligns with recent Delhivery IPO-demand signals reporting 4% overall subscription in two hours and 23% retail subscription during the opening period.
Retail-company signals are accelerating, up 218767% QoQ.