Resurfacing a May 2022 move: Delhivery IPO saw 4% overall subscription in first two hours
Delhivery’s IPO was subscribed 4% within two hours of opening on May 11, 2022, according to a resurfaced report. The retail investor portion reached 23% subscription over the same period.
Delhivery’s IPO drew 4% overall subscription within two hours of opening on May 11, 2022, while the retail investor quota was subscribed 23%.
Why this matters
The resurfaced report aligns with recent Delhivery IPO signals reporting 4% first-two-hour subscription and 23% retail-book uptake in May 2022.
Retail-company signals are accelerating, up +225467% QoQ.