Resurfacing a May 2022 move: Delhivery IPO saw 4% overall subscription in first two hours; retail tranche 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 in its first two hours of bidding on May 11, 2022, while the retail investor portion was covered 23%.
Why this matters
The resurfaced May 2022 update matches recent Delhivery signals highlighting 4% IPO subscription in two hours and 23% retail-tranche participation, showing recurring interest in the opening-day demand snapshot.
Retail-company signals are accelerating, up +312550% QoQ.
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