Resurfacing a May 2022 move: Delhivery IPO drew 4% subscription in first two hours; retail portion reached 23%
Resurfacing details from Delhivery's May 11, 2022 opening day, when its IPO was subscribed 4% within two hours, with the retail investor category covered 23%.
Delhivery’s IPO was subscribed 4% overall within two hours of opening, while the retail investor portion reached 23% subscription.
Why this matters
The resurfaced May 2022 opening-day data matches recent Delhivery IPO signals reporting 4% overall subscription in two hours and 23% retail subscription.
Retail-company signals are accelerating, up 1,093,200% quarter over quarter.