Delhivery IPO sees 4% subscription in first two hours; retail tranche at 23%
Delhivery’s initial public offering was subscribed 4% in the first two hours of bidding, while the retail investor portion reached 23% subscription.
Delhivery’s IPO was subscribed 4% in its first two hours of bidding, with the retail investor portion subscribed 23%.
Why this matters
The update aligns with recent Delhivery IPO signals reporting 4% overall subscription in two hours and a 23% retail quota.
Retail-company signals are accelerating, up 1,123,000% QoQ.