Delhivery IPO- India's Largest Logistics

The Rs 5,235 crore IPO of India’s largest logistics service supplier Delhivery will open for subscription today.

The Delhivery IPO is the second biggest for Dalal Street in the year 2022 after LIC that will be closed on May 15, 2022. 

Delhivery IPO- 2nd Biggest IPO

Delhivery IPO- IPO Total Price

The logistic company Delhivery has set a price band of Rs 462-487 a share for its Rs 5,235-crore IPO sale.

Delhivery has registered robust growth with a CAGR of 49 per cent between 2019 and 2021 buy not been able to cut the losses. 

Delhivery IPO- Company Achieved Growth

Delhivery IPO- Company Service

Delhivery Logistics offers express parcel delivery, heavy goods delivery, warehousing and payment collection among other things.

The price band for the Delhivery IPO has been fixed at the price Rs 462-487 with bid for a minimum of 30 equity shares.

Delhivery IPO- Price Band

Delhivery IPO- Co-Founders

Delhivery’s co-founders- Kapil Bharati, Mohit Tandon & Suraj Saharan — will sell shares worth Rs 5 crore, Rs 40 crore and Rs 6 crore.

Delhivery made a loss of Rs 891.14 crore for the nine months ended December 2021 and posted a Rs 415.7 crore loss in FY21.

Delhivery IPO- Company Profile

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