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In this article, we will walk you through all of the important parts of the Delhivery IPO GMP Today, Analysis, Allotment status And many More.
The latest Delhivery IPO GMP Today (Grey Market Premium), kostak rates, and subject to sauda rates. The GMP for today’s Delhivery IPO is Rs. 15-28 per share, compared to the issue price of NA per share. Based on the current GMP, the expected listing price for the Delhivery IPO is NA per share.
Table of Contents
|On 7th May 2022||@ 11:30 PM|
|Gray Market Premium||Rs. 20-25|
|Application Rate||Rs. Close|
|Subject to Rate||Rs. close|
Delhivery is a logistics service company in India. The company provides logistics services such as express parcel delivery, heavy goods delivery, part-truckload freight, truckload freight, warehousing, supply chain solutions, cross border express and freight services and supply chain software.
The company was founded in 2011 and has its headquarters in Gurgaon, India. Founder Sahil Barua is the CEO of Delhivery while Co-Founder Kapil Bharati is the CTO.
The Delhivery IPO GMP Today is set to go public on May 11, 2022. The company intends to raise 5,235 crores through an IPO, which will include a fresh issue of 4,000 crores and a promoter offer for sale of up to 1,235 crores. In Fiscal 2021, Delhivery Limited is among India’s largest and fastest-growing fully-integrated logistics service providers (According to the RedSeer Report). They have a nationwide network, with a presence in every state, and they service over 17000 zip codes. In 2021, the company reported revenue of 4598 crores, up over 4357 crores in 2020. The price range for the Delhivery IPO is set at Rs. 462 to Rs. 487 per equity share. The Delhivery IPO will be listed on the NSE and BSE.
|Subscription Dates||11 – 13 May 2022|
|Price Band||Rs. 462 – 487 per share|
|Fresh issue||INR 4,000 crore|
|Offer For Sale||INR 1,235 crore|
|Total IPO size||INR 5,235 crore|
|Minimum bid (lot size)||30 shares|
|Minimum investment amount||INR 13,860 – 14,610|
|Maximum bid (lot size)||390 shares (13 lots)|
|Maximum investment amount||INR 1,89,930 for 13 lots|
|Face Value||INR 1 per share|
|Listing On||NSE, BSE|
|IPO Opening Date||May 11, 2022|
|IPO Closing Date||May 13, 2022|
|Allotment Date||May 19, 2022|
|Refunds Initiation||May 20, 2022|
|Credit of Shares to Demat Account||May 23, 2022|
|Share Listing Date||May 24, 2022|
The details for the Delhivery IPO GMP Today Allotment Status will be made available as soon as the IPO is live.
The quota as reserved for the investors is as follows: for QIBs: 75%, for NII: 15%, and for retail investors: 10%.
In case the IPO is undersubscribed, the investors will be allotted the number of shares as demanded and in case the IPO will be oversubscribed, the allotment will be based on pro-rata or another method as determined by the entity in consultation with experts.
Link Intime India Private Limited is the registrar of the issue. Link Intime operates across India in the IPO & Corporate Registry business.