Delhivery IPO sees 4% subscription in first two hours; retail tranche reaches 23%
Delhivery’s initial public offering was subscribed 4% in the first two hours of bidding, while the retail investor portion was covered 23%, signalling early interest from individual investors.
Delhivery’s IPO was subscribed 4% in its first two hours of bidding, with the retail investor portion covered 23%.
Why this matters
The update aligns with recent resurfaced signals noting Delhivery’s IPO reached 4% subscription in two hours and its retail quota reached 23%.
Retail-company signals are accelerating, up 203386% QoQ.