Resurfacing a May 2022 move: Delhivery IPO saw 4% overall subscription in first two hours, retail tranche at 23%
Resurfacing a May 11, 2022 update: Delhivery’s IPO was subscribed 4% overall within two hours of opening. The retail investor portion reached 23% subscription in the same period.
Delhivery’s IPO was subscribed 4% overall in its first two hours of trading on May 11, 2022, while the retail investor portion reached 23% subscription.
Why this matters
The update revisits Delhivery’s IPO opening-day demand, consistent with recent signals tracking 4% overall subscription and 23% retail subscription in the first two hours.
Retail-company signals are accelerating, up 255700% quarter over quarter.
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