Delhivery IPO Last Date- Full Subscribed
Logistics services provider Delhivery’s IPO has managed to garner full subscription despite challenging market conditions.
The Delhivery IPO issue was subscribed 1.12 times as at 1:10pm, data provided by the BSE showed.
Delhivery IPO- 1.12 Times Subscribed
Delhivery IPO Last Date- Institutional Investor
Delhivery's Rs 5,235-crore offering requires at least 75 per cent subscription from institutional investors.
Delhivery has alloted Rs 2,346 crore worth of shares to 64 anchor investors at Rs 487 apiece, the upper end of its IPO price band.
Delhivery IPO- Anchor Investor
Delhivery IPO Last Date- Famous Investors
Amansa, Goldman Sachs, Aberdeen, Tiger Global, Schroder and Baillie Gifford were among anchor investors who got allotment.
Mutual funds subscribed to 30 per cent of the shares in the anchor book. SBI MF, HDFC MF and HDFC MF were key investors.
Delhivery IPO- Mutual Funds Subscriptions
Delhivery IPO Last Date- Upper Band of IPO
At the upper band of its IPO price of Rs 487, Delhivery is valued at 2.4 times FY24 EV/Sales.
At the top-end, Delhivery will have a market cap of Rs 35,284 crore on a post-diluted basis.
Delhivery IPO- Market Cap
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