Delhivery IPO
opens on
May 11, 2022!
After
11
years
in the delivery business,
Delhivery
is finally ready for their IPO.
I
nitial
P
ublic
O
ffering refers to the process of offering shares of a
private corporation
to the public
in a new stock issuance
.
Delhivery IPO | price band set at
₹462-487
a share; firm valued at
Rs 35,283 crore.
"Delhivery is on the road to a potential
$1 Billion
IPO",
says
CEO Sahil Barua
One of the most-awaited (IPO) to date,
Life Insurance Corporation (LIC)
of India, opens today to raise
₹ 21,000
crore from investors.
Delhivery
plans to open the issue soon after a positive response to recent IPOs of
Rainbow and
Campus
, sources have said.