Resurfacing a May 2022 move: Delhivery IPO saw 4% subscription in first two hours; retail portion reached 23%
Resurfacing details from May 11, 2022 — Delhivery’s IPO was subscribed 4% overall within two hours of opening. The retail investor quota was subscribed 23% over the same period, signalling early individual-investor interest in the logistics company’s public-market debut.
Delhivery’s IPO was subscribed 4% overall within two hours of opening on May 11, 2022, while the retail investor portion was subscribed 23%.
Why this matters
The resurfaced May 2022 opening data matches related signals reporting Delhivery’s IPO at 4% overall subscription and its retail tranche at 23% within two hours.
retail-company is accelerating, up 396400% QoQ.