Resurfacing a May 2022 move: Delhivery IPO saw 4% subscription in first two hours, retail tranche at 23%
Delhivery's IPO was subscribed 4% overall within two hours of opening on May 11, 2022. The retail investor portion was subscribed 23% in the same period, signalling early individual-investor interest in the logistics platform at the time.
Delhivery’s IPO was subscribed 4% overall within two hours of opening on May 11, 2022, with the retail investor portion covered 23%.
Why this matters
The resurfaced May 2022 update matches recent signals reporting Delhivery's IPO reached 4% overall subscription in two hours and 23% in the retail portion.
retail-company is accelerating, up 568600% QoQ.