Resurfacing a May 2022 move: Delhivery IPO drew 4% subscription in first two hours; retail portion reached 23%
Delhivery’s IPO was subscribed 4% overall within the first two hours of bidding on May 11, 2022, according to details resurfacing now. The retail investor quota had reached 23% subscription in the same period.
Delhivery’s IPO was subscribed 4% overall within its first two hours of bidding on May 11, 2022, while the retail investor portion reached 23% subscription.
Why this matters
The resurfaced May 2022 data point matches recent Delhivery IPO signals reporting 4% overall subscription in two hours and 23% subscription for the retail tranche.
retail-company signals are accelerating, up 165667% QoQ.
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