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 allocation was subscribed 23% over the same period, signalling stronger early participation from individual investors.
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
This resurfaced May 2022 update aligns with recent signals reporting Delhivery’s IPO at 4% subscription in two hours and its retail tranche at 23%.
retail-company is accelerating, up +1071600% QoQ.