Delhivery IPO sees 4% subscription in first two hours; retail tranche 23% covered
Delhivery’s IPO was subscribed 4% within the first two hours of bidding, with the retail-investor portion 23% covered, offering an early read on demand for the logistics platform’s public-market debut.
Delhivery's IPO was subscribed 4% within its first two hours of bidding, while the retail-investor allocation was 23% covered.