Delhivery IPO sees tepid subscription on final day amid wider market sell-off

Delhivery IPO sees tepid subscription on final day amid wider market sell-off

Visual from Delhivery website

The initial public offering of logistics platform Delhivery was subscribed 1.63 times on its third day, lower than what the Indian fintech company Paytm saw on its final day of subscription that registered its name in one of the worst performing IPOs in the history of Indian stock market.