Delhivery IPO GMP Today, Dates, Share Price, Review, and more

Delhivery is here with its Initial Public Offering alongside Prudent Corporate Advisory Services and Venus Pipes & Tubes which are small sized IPOs. comparatively

by FighterMan Updated: 10 May, 2022, 11:37 IST
10 2229

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).

https://cdn0.desidime.com/attachments/photos/766134/medium/Delhivery.jpg?1652080538

Delhivery IPO Dates

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 Share Price

Delhivery IPO Price Band

₹462-₹487 per equity share

Face Value

₹1 per equity share

Delhivery IPO GMP Today

Date & Time

GMP

9th May 2022

₹16

10th May 2022 ₹7

Delhivery IPO Review

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.

Delhivery IPO DRHP

You can find the official Delhivery IPO DRHP here.

Delhivery IPO Issue Details

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

Delhivery IPO Lot size

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. 

10 Comments  |  
10 Dimers
  • Sort By
Deal Subedar Deal Subedar

this one will list at discount

Deal Newbie Deal Newbie

Company members will involved in some legal issues make sure to checkout company history if you are giving this one a try.

Deal Subedar Deal Subedar

It’s a loooot for delhivery company only. stuck_out_tongue_winking_eye

Deal Cadet Deal Cadet

Most probably will be a flop.

Deal Newbie Deal Newbie
paras.jain wrote:

It’s a loooot for delhivery company only. stuck_out_tongue_winking_eye

🤣

Deal Subedar Deal Subedar

On scale with BlueDart how does it compare… BlueDart share trades at 6600/-

Deal Subedar Deal Subedar
HailStonE wrote:

On scale with BlueDart how does it compare… BlueDart share trades at 6600/-

bluedart eps ₹42 delhivery -₹8 

Deal Newbie Deal Newbie

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

replyuser
Click here to reply
Reply