Resurfacing a May 2022 move: Delhivery IPO reached 4% subscription in first two hours; retail tranche at 23%
Resurfacing details from May 11, 2022, Delhivery’s IPO was subscribed 4% overall within two hours of opening, with the retail investor portion covered 23%, signalling early individual-investor participation.
Delhivery’s IPO was subscribed 4% overall within two hours of opening on May 11, 2022, while the retail investor portion was covered 23%.
Why this matters
The signal repeats recent resurfaced coverage of Delhivery’s May 2022 IPO opening, including reports of 4% overall early subscription and 23% retail quota participation.
Retail-company signals are accelerating, up 165322% QoQ.