Delhivery IPO sees 4% subscription in first two hours; retail tranche at 23%
Delhivery’s IPO was subscribed 4% overall in the first two hours of bidding, with the retail investor portion reaching 23% subscription.
Delhivery’s IPO was subscribed 4% overall within its first two hours of bidding, while the retail investor portion reached 23% subscription.
Why this matters
This follows recent Delhivery IPO signals reporting 4% overall subscription in the first two hours and 23% subscription for the retail book and retail tranche, reinforcing the early-bidding picture.
Retail-company signals are accelerating, up 220950% QoQ.