Delhivery IPO sees 4% subscription in first two hours; retail portion at 23%
Delhivery’s IPO was subscribed 4% within the first two hours of bidding, with the retail investor category reaching 23% subscription.
Delhivery’s IPO was subscribed 4% in its first two hours of bidding, while the retail investor category was subscribed 23%.
Why this matters
The signal aligns with prior coverage of Delhivery’s IPO opening, including reports that the issue reached 4% overall subscription and 23% retail subscription in its first two hours.
Retail-company signals are accelerating, up +1110300% QoQ.