Resurfacing a May 2022 milestone: Delhivery IPO reached 4% subscription in first two hours; retail portion at 23%
Resurfacing coverage from May 11, 2022: Delhivery's IPO was subscribed 4% within two hours of opening, with the retail investor quota reaching 23% subscription.
Delhivery’s IPO was subscribed 4% within two hours of opening on May 11, 2022, while the retail investor portion reached 23% subscription.
Why this matters
The resurfaced May 2022 update aligns with recent Delhivery IPO signals reporting 4% subscription in two hours and 23% retail coverage.
Retail-company signals are accelerating, up 164311% QoQ.