Resurfacing a May 2022 move: Delhivery IPO drew 4% subscription in first two hours; retail portion reached 23%
Delhivery’s IPO was subscribed 4% overall within two hours of opening on May 11, 2022. The retail investor category was subscribed 23% 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 reached 23% subscription.
Why this matters
The resurfaced May 2022 IPO update matches recent Delhivery signals reporting 4% first-two-hour subscription and 23% retail-book participation.
The retail-company theme is accelerating, up 404967% QoQ.
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- Inc42 · Quick Commerce — Same time