Resurfacing a May 2022 move: Delhivery IPO drew 4% overall subscription in first two hours
Delhivery’s IPO was subscribed 4% overall within two hours of opening on May 11, 2022, a development resurfacing now. The retail investor portion saw 23% subscription over the same period.
Delhivery’s IPO was subscribed 4% overall within two hours of opening on May 11, 2022, while the retail investor portion was subscribed 23%.
Why this matters
The resurfaced May 2022 update aligns with recent signals on Delhivery’s IPO reaching 4% subscription in two hours and the retail tranche reaching 23%.
Retail-company signals are accelerating, up +258500% QoQ.