Resurfacing a May 2022 move: Delhivery IPO saw 4% overall subscription in first two hours
Resurfacing from May 11, 2022: Delhivery's IPO was subscribed 4% within two hours of opening. The retail-investor portion drew 23% subscription, indicating stronger early participation from individual investors than the overall book.
Indian logistics and e-commerce supply-chain firm Delhivery’s IPO was subscribed 4% within two hours of opening on May 11, 2022, while the retail-investor allocation was subscribed 23%.
Why this matters
Recent resurfaced signals consistently show Delhivery's May 2022 IPO reaching 4% overall subscription in two hours, while the retail tranche reached 23%, highlighting stronger early individual-investor participation.
Retail-company signals are accelerating, up 310075% QoQ.