Delhivery IPO sees 4% subscription in first two hours; retail portion reaches 23%
Logistics company Delhivery’s IPO was subscribed 4% in its first two hours of bidding, while the retail investor quota received 23% subscription.
Delhivery’s IPO was subscribed 4% in the first two hours of bidding, with the retail investor portion receiving 23% subscription.
Why this matters
The update matches recent signals showing Delhivery’s IPO at 4% subscription in its first two hours, with the retail tranche or retail book at 23%.
Retail-company signals are accelerating, up +222333% QoQ.