Resurfacing a May 2022 move: Delhivery IPO reached 4% subscription in first two hours; retail portion at 23%
Resurfacing details from its May 11, 2022 opening day, Delhivery’s IPO was subscribed 4% overall within two hours, while the retail investor allocation reached 23% subscription.
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 opening-day data aligns with recent Delhivery signals reporting 4% overall IPO subscription and 23% retail subscription within two hours.
Retail-company signals are accelerating, up 399300% QoQ.
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