Delhivery IPO draws 4% subscription in first two hours; retail quota reaches 23% (resurfacing a May 2022 update)
Resurfacing a May 2022 milestone: Delhivery's IPO was subscribed 4% overall in the first two hours of bidding on May 11, 2022, with the retail investor portion reaching 23% subscription.
Delhivery’s IPO received 4% overall subscription in its first two hours of bidding on May 11, 2022. The retail investor quota was subscribed 23%, indicating stronger early participation from retail investors.