Resurfacing a May 2022 move: Delhivery IPO drew 4% subscription in first two hours; retail tranche at 23%
Resurfacing details from May 11, 2022, when Delhivery’s IPO was subscribed 4% overall within two hours of opening. The retail investor portion had reached 23% subscription in the same period.
Delhivery’s IPO was subscribed 4% overall within its first two hours of bidding on May 11, 2022, while the retail investor portion reached 23% subscription.
Why this matters
The resurfaced May 2022 opening-day data aligns with prior Delhivery signals reporting 4% overall IPO subscription in two hours and 23% retail uptake.
Retail-company signals are accelerating, up 163356% QoQ.