Delhivery IPO GMP Today, RHP, Review, Bid, Size, Allotment, Subscription, Analysis,

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.

Delhivery IPO GMP Today
Delhivery IPO GMP Today

Delhivery IPO Gray Market Premium Today

On 7th May 2022@ 11:30 PM
Gray Market PremiumRs. 20-25
Application RateRs. Close
Subject to RateRs. close

Delhivery IPO: About Company

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.

Delhivery IPO GMP, Price, Size, Share Offerings

Subscription Dates11 – 13 May 2022
Price BandRs. 462 – 487 per share
Fresh issueINR 4,000 crore
Offer For SaleINR 1,235 crore
Total IPO sizeINR 5,235 crore
Minimum bid (lot size)30 shares
Minimum investment amountINR 13,860 – 14,610
Maximum bid (lot size)390 shares (13 lots)
Maximum investment amountINR 1,89,930 for 13 lots
Face Value INR 1 per share
Retail Allocation10%
Listing OnNSE, BSE

Venus Pipes & Tubes IPO GMP Today

Venus Pipes & Tubes IPO GMP Today

Delhivery IPO: Important Dates

Events Date
IPO Opening DateMay 11, 2022
IPO Closing DateMay 13, 2022
Allotment DateMay 19, 2022
Refunds InitiationMay 20, 2022
Credit of Shares to Demat AccountMay 23, 2022
Share Listing DateMay 24, 2022

The Lead Managers of Delhivery IPO GMP Today are:

  • Kotak Mahindra Capital Company Limited
  • Morgan Stanley India Company Private Limited
  • BofA Securities India Limited
  • Citigroup Global Markets India Private Limited

Delhivery IPO GMP Today: Strengths

  • Revenue from contracts with customers has grown from Rs 1653.89 crore in Fiscal 2019 to Rs 3646.52 crore in Fiscal 2021.
  • In Fiscal 2021, the company fulfilled over 289.20 million express parcel orders.
  • Value-added services such as e-commerce return services, payment collection and processing, installation and assembly services and fraud detection.
  • Company served a diverse base of 21,342 Active Customers across e-commerce, consumer durables, electronics, lifestyle, FMCG, industrial goods, automotive, healthcare and retail, in the three months ended June 30, 2021.
  • In the first quarter of Fiscal 2022, 64% of revenues were from customers who have been transacting with the company for over three years.
  • Executed an agreement to enter into a strategic alliance with FedEx.
  • Mesh network structure that facilitates quick action in responding to changes due to volumes, shipment profiles and environmental conditions.

Delhivery IPO: Risk

  • Negative cash flows from operating, and investing activities in fiscal 2019 and fiscal 2020.
  • High correlation with the growth of the ecommerce industry
  • Material Subsidiary ‘Sponton’ has not been in compliance with certain requirements of the Companies Act, 2013 in the past and may face penalties.
  • The Company, its subsidiaries and certain of its Directors are currently involved certain legal proceedings.
  • Inability to maintain or expand its scaled, automated, and unified network infrastructure
  • Any disruptions to its logistics and transportation facilities
  • As of June 30, 2021, the company had Rs 34.54 crore of contingent liabilities mainly comprising claims against it in direct tax proceedings.
  • For Fiscals 2019, 2020 and 2021 average outstanding receivable days stood at 47 days, 79 days, and 60 days, respectively – delays or defaults in payment could affect its cash flow.

Delhivery IPO: Allotment Status

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.

Venus Pipes Tubes IPO GMP Today

Venus Pipes Tubes IPO GMP Today

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