Is Delhivery an IPO?
While the market volatility has only increased, with stock markets falling globally and a funding winter underway, Delhivery went ahead with the IPO. Ahead of the IPO, the logistics unicorn raised INR 2,347 Cr from 64 anchor investors, including Tiger Global, Bay Capital, Steadview and Fidelity, among others.24-May-2022
The company has reported good revenue growth of 82 per cent in 9MFY22 and it is expected that it may turn EBITDA positive by FY22-end. "Given the expensive valuation, we are assigning a neutral recommendation to Delhivery IPO,” Gupta said.12-May-2022
Is Delhivery a good buy?
Coming to Delhivery, analysts suggest investors avoid entering the stock at current levels given that the firm is yet to turn profitable. AK Prabhakar, Head of Research, IDBI Capital says, Delhivery is a loss-making company. He suggests, avoid buying the stock at current levels.01-Jun-2022
DELHIVERY IPO The IPO price was fixed between Rs 462 to Rs 487 per equity share. The IPO had a lot size of 30 shares. The IPO has an issue size of aggregating up to Rs 5,235 crore.24-May-2022
Is Delhivery debt free?
The company's short term borrowings increased at 71 per cent CAGR from FY19 to FY21 and at 75 per cent from FY19 to nine months ended FY21. 25) Is the company free from meaningful contingent liabilities? Yes. The company is free from material contingent liabilities.10-May-2022
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Is Delhivery profitable?
From 3,647 crore in FY21 to 6,882 crore in FY22, underlying reported revenue climbed by 89 percent. In FY22, the company achieved full-year operating profitability, with adjusted EBITDA of Rs. 72 crore and Adjusted Cash Profit After Tax (PAT) of Rs. 212 crore.30-May-2022
Top 10 IPO in India 2022 (By Performance)
Is Delhivery overvalued?
The key valuation ratios of Delhivery Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
Delhivery IPO GMP: The GMP suggests that the shares of the company will list at a discount of Rs 5 per equity share. The company aims to raise over Rs 5,000 crore from the IPO. According to reports, experts believe that the valuation is high.23-May-2022
How can I buy LIC shares?
Visit your Depository Participant's (DP) online platform and select the IPO section. Click on the LIC IPO tab. Select the Policyholder category. Enter the details, place the bid and click the Submit option.
Founder Sahil Barua is the CEO of Delhivery and Co-Founder Kapil Bharati is the CTO of Delhivery. Sandeep Barasia, Managing Director was appointed as the Chief Business Officer in December 2018. He is in charge of the P&L across the parcel, warehousing, and freight divisions.
What is GREY market IPO?
Grey Market IPO is an unofficial market where individuals buy/sell IPO shares or applications before they are officially launched for trading on the stock exchange. As it is an unofficial over-the-counter market, there are no regulations around it.
Delhivery IPO Registrar
What is face value IPO?
The face value, also known as par value, is the fixed price of the particular share decided by the company to come out with an Initial Public Offering (IPO). The face value can be any value like INR 2, INR 10, or INR 1000.
An IPO is an initial public offering. In an IPO, a privately owned company lists its shares on a stock exchange, making them available for purchase by the general public. Many people think of IPOs as big money-making opportunities—high-profile companies grab headlines with huge share price gains when they go public.09-Jul-2022
What is Delhivery company?
We have built a nation-wide network with a presence in every state, servicing over 18000 pin codes. 21 automated sort centres, 96 gateways, 93 fulfilment centres, 2948 direct delivery centres, and a team of over 58000 people make it possible for us to deliver 24 hours a day, 7 days a week, 365 days a year.
I am in the Gurugram office of 32-year-old Sahil Barua, the soft-spoken, publicity shy, rock-loving co-founder and CEO of digital commerce logistics company Delhivery.09-Oct-2017
How does Delhivery earn money?
Delhivery primarily makes money from five business segments: parcel delivery for businesses, consumer to consumer parcel delivery, freight services(truckload & partial truckload), warehousing, cross-border logistics.16-Jan-2022
Regulatory filings by the startup's parent company, Busybees Logistics Solutions, showed that Xpressbees operating revenue grew 32.6% year-on-year (YoY) to INR 1,004.8 Cr in FY21. Its total revenue rose to INR 1,019.8 Cr in FY21 from INR 762.2 Cr in the previous fiscal year.29-Jun-2022
What is the biggest IPO in history?
Saudi Aramco - The Saudi Arabian energy company, one of the world's largest firms, went public in December 2019 and raised USD 25.6 billion by selling 3 billion shares. Alibaba- Technology company Alibaba raised 21.8 billion US dollars after its IPO in September 2014.17-May-2022
Is Delhivery an IPO?