Resurfacing a May 2022 move: Delhivery IPO saw 4% overall subscription in first two hours, retail quota reached 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 in its first two hours of bidding on May 11, 2022, while the retail investor quota was 23% subscribed.
Why this matters
The signal aligns with recent resurfaced Delhivery IPO updates reporting 4% subscription in two hours and a 23% retail tranche, reinforcing the May 2022 opening-day snapshot.
Retail-company signals are accelerating, up 310,200% QoQ.
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