Published 2 years ago

Delhivery IPO to open on May 11; price band set at ₹462-487 per share

Summary by Ground News

Delhivery on Thursday fixed a price band of Rs 462-487 a share for its Rs 5,235-crore initial public offering (IPO) The three-day initial share will conclude on May 13 and the bidding for anchor investors will open on May 10. In May, Delhivery announced that it has raised USD 275 million in a primary funding round.

0 Articles

All

Left

Center

Right

The Hindu

Delhivery IPO to open on May 11; price band set at ₹462-487 per share

The three-day initial share sale will conclude on May 13 and the bidding for anchor investors will open on May 10

2 years ago·India

Read Full Article

NDTV

Logistics firm Delhivery Fixes IPO Price Band At Rs 462-487 Per Share

Supply chain company Delhivery on Thursday fixed a price band of Rs 462-487 a share for its Rs 5,235-crore initial public offering (IPO), which will open for subscription on May 11.

2 years ago·New Delhi, India

Read Full Article

Bloomberg Quint

Delhivery Cuts IPO Size, Sets Price Band At Rs 462-487; Issue Opens On May 11

Delhivery has cut by nearly a third the size of its initial public offering that'll open on the Indian stock exchanges on May 11. The three-day Delhivery IPO will see shares being sold in a price band of Rs 462-487 apiece to raise as much as Rs 5,235 crore. The logistics startup had planned to raise Rs 7,460 crore earlier. Investors can bid for a minimum of 30 equity shares and in multiples thereof. The offering now comprises fresh stock worth R…

2 years ago·Mumbai, India

Read Full Article

Latestly

Delhivery IPO To Open on May 11; Price Band Set at Rs 462–487 per Share

The size of the IPO has been cut to Rs 5,235 crore from Rs 7,460 crore planner earlier. The public issue now comprises fresh issuance of equity shares worth Rs 4,000 crore and an offer for sale (OFS) component of Rs 1,235 crore by existing shareholders. Delhivery IPO To Open on May 11; Price Band Set at Rs 462–487 per Share.

2 years ago

Read Full Article

DNA India

Delhivery IPO to open on May 11: Know per share price, discount for employees, listing date, other details

Delhivery IPO to open on May 11: Know per share price, discount for employees, listing date, other details - The bidding for anchor investors will start on May 10 and the three-day initial share will conclude on May 13.

2 years ago·New Delhi, India

Read Full Article

Firstpost News

Delhivery IPO to open on 11 May; sets price band at Rs 462-487 per share

Proceeds of fresh issue to the tune of Rs 2,000 crore will be used towards funding organic growth initiatives and Rs 1,000 crore for inorganic growth through acquisitions and other strategic initiatives

2 years ago·Mumbai, India

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.