Delhivery IPO drew 23% retail subscription in first two hours (May 2022, resurfacing now)
Resurfacing a May 2022 move: Delhivery's IPO was subscribed 4% overall within the first two hours of bidding on May 11, 2022, with the retail-investor portion reaching 23% subscription.
Delhivery’s IPO was subscribed 4% overall within its first two hours of bidding on May 11, 2022, while the retail-investor portion was subscribed 23%.
Why this matters
The resurfaced May 2022 reading matches recent Delhivery IPO signals reporting 4% overall subscription in the first two hours and a 23% retail tranche; it does not indicate a fresh offering update.
Retail-company signals are accelerating, up 255840% QoQ.