As a part of this, Delhivery said, it is collaborating with Welspun on a 7 lakh sq ft mega-gateway in Greater Mumbai and with GMR for an over 1-million sq ft facility in Bengaluru
Delhivery's IPO came at a time when the domestic equity markets are going through a bout of volatility with the Sensex and Nifty falling over 10 per cent each...
The stock was listed at Rs 493, a gain of 1.23 per cent from the issue price on the BSE. It later jumped 7.62 per cent to Rs 524.15.
According to the NSE data, the offer received bids for 10,17,04,080 shares against 6,25,41,023 shares on offer.
The company's Rs 5,235-crore public issue comprises a fresh issue of up to Rs 4,000 crore and an offer for sale of up to Rs 1,235 crore.
The Initial Public Offer (IPO) received bids for 1,32,64,410 shares against 6,25,41,023 shares on offer, according to data available with the NSE.
The biggest challenge for Delhivery would be to convince investors to invest in a loss-making company after the disastrous listing of Paytm
The company has decided to allocate a total of 4,81,87,860 equity shares to anchor investors at Rs 487 apiece, which is also the upper end of the price band,...
The size of the IPO has been cut to Rs 5,235 crore from Rs 7,460 crore planner earlier.
The Soft-bank backed logistics firm had filed documents for IPO in November last year and had received Securities and Exchange Board of India’s, (SEBI’s)...