Resurfacing a May 2022 move: Delhivery IPO drew 4% subscription in first two hours; retail portion at 23%
Delhivery’s IPO was subscribed 4% overall within two hours of opening on May 11, 2022, a resurfaced detail from that time. The retail investor category saw 23% subscription in the same period, indicating comparatively stronger early participation from individual investors.
Delhivery’s IPO was subscribed 4% overall within its first two hours of opening on May 11, 2022, with the retail investor portion subscribed 23%.
Why this matters
The resurfaced May 2022 data aligns with recent Delhivery IPO signals repeatedly noting 4% overall subscription and 23% retail uptake in the first two hours.
Retail-company signals are accelerating, up 207586% QoQ.