Resurfacing a May 2022 move: Delhivery IPO reached 4% subscription in first two hours; retail quota at 23%
Resurfacing details from May 11, 2022: 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 two hours of opening on May 11, 2022, while the retail investor quota was 23% subscribed.
Why this matters
The resurfaced May 2022 update matches recent Delhivery signals reporting 4% IPO subscription in two hours and 23% retail-tranche uptake, highlighting repeated attention on the listing’s early retail demand.
Retail-company signals are accelerating, up 206057% QoQ.
Also reported by
- Inc42 · Quick Commerce — 1h after first sighting