Resurfacing a May 2022 milestone: Delhivery IPO saw 4% overall subscription; retail portion reached 23% in two hours
This recalls how Delhivery's IPO was subscribed 4% overall within two hours of opening on May 11, 2022, with the retail investor category drawing 23% subscription.
Delhivery’s IPO was subscribed 4% overall within its first two hours of opening on May 11, 2022, while the retail investor portion reached 23% subscription.
Why this matters
The resurfaced May 2022 milestone aligns with recent signals that Delhivery's IPO reached 4% overall subscription in its first two hours, while the retail tranche reached 23%.
Retail-company signals are accelerating, up 312925% QoQ.