Delhivery IPO GMP Today, Share Price, Allotment Status

There are a number of information and analyses included inside this text that can offer you an intensive overview of the actions of Delhivery, its historical past, its items and providers, its monetary place, and different related data.

Additionally, you will uncover data on the objectives that might be achieved by way of the Preliminary Public Providing and the profitability of the deliberate IPO. Moreover, the Delhivery IPO Evaluate can help you in figuring out whether or not or not it’s a viable funding alternative.

Table of Contents

Delhivery IPO

This subsequent week, the primary market will see the debut of the Delhivery IPO (Preliminary Public Providing). In response to the fabric posted on the BSE web site, the Delhivery Preliminary Public Providing (IPO) will open for subscription on Could 11, 2022, and can keep open for bidding till Could 13, 2022.

With a worth vary of 462 to 487 rupees per fairness share, the logistics providers firm hopes to lift 5,230 million via the general public providing, with 4,000 rupees anticipated to return from a brand new difficulty of 1,235 crores anticipated to return from a suggestion on the market. The corporate has mounted its worth vary at 462 to 487 rupees per fairness share, and it expects to lift a complete of 5,235 million via the general public providing (OFS).

The preliminary public providing (IPO) of Delhivery is scheduled to start buying and selling on Could 11, 2022. The enterprise intends to lift 5,235 crores by way of a preliminary public providing (IPO), which would come with a brand new issuance of 4,000 crores and a suggestion on the market of as much as 1,235 crores from promoters. On the subject of totally built-in logistics providers suppliers in India, Delhivery Restricted might be one of many greatest and fastest-growing by the fiscal yr 2022.

Along with serving over 17000 pin codes, they have a national community with a presence in each state of the USA. In 2021, the agency recorded gross sales of Rs. 4 thousand 5 hundred ninety-eight crores, in comparison with revenues of Rs. 4 thousand 300 fifty-seven crores within the earlier yr. The value vary for the primary public providing (IPO) is established at 462 to 487 per fairness share. The NSE and BSE will record the Delhivery Preliminary Public Providing (IPO).

Delhivery IPO GMP Today

DL is launching a maiden combo IPO with a brand new fairness difficulty price of Rs. 4000 crore and a suggestion on the market price Rs. 1235 crore, for a complete difficulty dimension of Rs. 5235 crore, to assist finance its funding plans for natural progress (Rs. 2000.00 crores), scaling up current enterprise traces and new developments (Rs. 160.00 crores), community infrastructure enlargement (Rs. 1360.00 crores), upgrading/bettering proprietary logistics working system (Rs. 480.00 crores), and inorganic (approx. 107494860 shares).

The enterprise has set a worth vary of Rs for its mixture supply. 462.00 to Rs. 487.00 per share of Re. 1 within the vary of Rs. 462.00 to Rs. 487.00. To achieve the higher cap of the value vary, DL will difficulty 82135530 new fairness shares and 25359330 new fairness shares by way of a suggestion to promote the corporate’s inventory. The difficulty’s subscription might be out there starting on Could 11, 2022, and can conclude on Could 13, 2022.

A minimum of 30 shares have to be utilized for, with additional shares in multiples of 30 shares afterward. The shares might be listed on the BSE and the NSE following the allocation. The issuance represents 14.84 % of the corporate’s paid-up capital as of the providing date.

Delhivery Share Price 2022

It has reserved fairness shares price Rs. 20 crore for certified staff and is offering them a reduction of Rs. 25 per share in trade for his or her loyalty. It has allotted 75 % of the residual quantity to QIBs, 15 % to HNIs, and 10 % to retail buyers from the remaining portion.

It’s managed by Kotak Mahindra Capital Co. Ltd, Morgan Stanley India Co. Pvt. Ltd, BofA Securities India Ltd, and Citigroup World Markets India Ltd, with Hyperlink Intime India Pvt. Ltd. serving as the problem’s registrar, are underwritten by Morgan Stanley India Co. Pvt. Ltd. and Citigroup World Markets.

About Delhivery

When it comes to income, Delhivery Ltd. (DL) is the largest and fastest-growing fully-integrated logistics providers enterprise in India as of Fiscal 2021, in response to the corporate’s website. This firm has had substantial enlargement and improvement all through the years.

The three elementary ideas of human centricity with current expertise, infrastructure and community, improvement by way of partnership for third-party contracts, and effectivity of scale operation with prudent price administration are strongly emphasized within the plan. It has a diverse consumer base of 23113 energetic customers as of December 31, 2021, and it’s quickly increasing.