Resurfacing a May 2022 move: Delhivery IPO saw 4% subscription in first two hours; retail portion reached 23%
Delhivery's IPO was subscribed 4% overall within its first two hours of bidding on May 11, 2022, resurfacing now. The retail-investor tranche was subscribed 23% over 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 received 23% subscription.
Why this matters
The resurfaced May 2022 update mirrors recent signals reporting Delhivery's IPO reached 4% overall subscription in two hours and its retail book reached 23%.
Retail-company signals are accelerating, up +405633% QoQ.