Delhivery IPO drew 4% subscription in first two hours; retail book at 23% (resurfacing a May 2022 move)
Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding on May 11, 2022. The retail investor portion reached 23% subscription, signalling stronger early participation from individual investors than the aggregate book.
Delhivery's IPO was subscribed 4% overall in its first two hours of bidding on May 11, 2022, with the retail investor segment subscribed 23%.
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