Delhivery IPO resurfacing: May 2022 update showed 4% subscription; retail tranche at 23% in two hours

Resurfacing a May 2022 update: on May 11, 2022, Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding, while the retail investor portion reached 23% subscription.

— Filed Wed, 5 Aug, 2026, 11:48 IST · Source Inc42 · Quick Commerce · Updated

Delhivery’s IPO was subscribed 4% overall on May 11, 2022, with the retail investor portion receiving 23% subscription within the first two hours of bidding.