Delhivery IPO sees 4% subscription in first two hours; retail portion reaches 23%
Logistics platform Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding, with the retail-investor quota drawing 23% subscription.
Delhivery’s IPO was subscribed 4% in its first two hours of bidding, while the retail-investor portion was subscribed 23%.
Why this matters
The update aligns with prior signals reporting Delhivery’s IPO reaching 4% subscription in two hours and its retail tranche drawing 23% demand.
The retail-company theme is accelerating, up +397900% QoQ.