Resurfacing a May 2022 move: Delhivery IPO saw 4% overall subscription in first two hours
Resurfacing details from May 11, 2022 — Delhivery’s IPO was subscribed 4% overall within two hours of opening. The retail investor quota 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 IPO update matches prior Delhivery signals reporting 4% overall subscription in two hours and 23% retail-book participation.
Retail-company signals are accelerating, up 1,080,000% QoQ.
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