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Delhivery, the popular tech-logistics company is coming with its IPO. Alongside, Prudent Corporate Advisory Services (retail wealth management) and Venus Pipes & Tubes (steel pipes manufacturer) will also launch their IPOs.
Delhivery is the largest fully integrated logistics services provider in India based on revenue. This company is based in Gurugram. It works in 17,045 Indian PIN codes i.e. 88.3% of total Indian PIN codes (19,300).
Issue opens |
11th May 2022 |
Issue closes |
13th May 2022 |
Allotment |
19th May 2022 |
Refunds |
20th May 2022 |
Shares Credit |
23th May 2022 |
Listing |
24th May 2022 |
Delhivery IPO Price Band |
₹462-₹487 per equity share |
Face Value |
₹1 per equity share |
Date & Time |
GMP |
9th May 2022 |
₹16 |
| 10th May 2022 | ₹7 |
Delhivery IPO has only 10% shares reserved for retail investors so will be hard to get allotment. It is currently making losses (-ve P/E ratio) which is a worry for investors. It has got 1 subscribe vote, 2 neutral, and 14 avoid votes by Chittorgarh IPO community members. This indicates that it is better to skip the Delhivery IPO. However, you can buy when it opens if you feel that it can go up in the long run. Therefore, Delhivery IPO is a ‘Long-Term High Risk’ bet.
You can find the official Delhivery IPO DRHP here.
Issue Size |
₹5,235 crore |
Offer-for-Sale |
Shares worth ₹1,235 crores |
Fresh Sale |
Shares worth ₹4,000 crores |
Employee Discount |
₹25 per equity share |
There is 1 lot of min 30 shares amounting to ₹14,610. You can apply in multiples of 30 shares upto 13 lots i.e. 390 shares worth ₹1,89,930.
What do you think about the Delhivery IPO? Will you Subscribe? Please do share your views below. You can also discuss it in our finance forum with community's best experts.
bluedart is always known for bad service each and every city . Eventually new market player which provides good service will eat their share. It’s like Airtel before jio
Big avoid
Avoid
On scale with BlueDart how does it compare… BlueDart share trades at 6600/-
bluedart eps ₹42 delhivery -₹8
Most probably will be a flop.
It’s a loooot for delhivery company only.
🤣
Company members will involved in some legal issues make sure to checkout company history if you are giving this one a try.
this one will list at discount
Delhivery, the popular tech-logistics company is coming with its IPO. Alongside, Prudent Corporate Advisory Services (retail wealth management) and Venus Pipes & Tubes (steel pipes manufacturer) will also launch their IPOs.
Delhivery is the largest fully integrated logistics services provider in India based on revenue. This company is based in Gurugram. It works in 17,045 Indian PIN codes i.e. 88.3% of total Indian PIN codes (19,300).
Issue opens
11th May 2022
Issue closes
13th May 2022
Allotment
19th May 2022
Refunds
20th May 2022
Shares Credit
23th May 2022
Listing
24th May 2022
Delhivery IPO Price Band
₹462-₹487 per equity share
Face Value
₹1 per equity share
Date & Time
GMP
9th May 2022
₹16
Delhivery IPO has only 10% shares reserved for retail investors so will be hard to get allotment. It is currently making losses (-ve P/E ratio) which is a worry for investors. It has got 1 subscribe vote, 2 neutral, and 14 avoid votes by Chittorgarh IPO community members. This indicates that it is better to skip the Delhivery IPO. However, you can buy when it opens if you feel that it can go up in the long run. Therefore, Delhivery IPO is a ‘Long-Term High Risk’ bet.
You can find the official Delhivery IPO DRHP here.
Issue Size
₹5,235 crore
Offer-for-Sale
Shares worth ₹1,235 crores
Fresh Sale
Shares worth ₹4,000 crores
Employee Discount
₹25 per equity share
There is 1 lot of min 30 shares amounting to ₹14,610. You can apply in multiples of 30 shares upto 13 lots i.e. 390 shares worth ₹1,89,930.
What do you think about the Delhivery IPO? Will you Subscribe? Please do share your views below. You can also discuss it in our finance forum with community's best experts.