For the best experience use inshorts app on your smartphone
Delhivery IPO likely to open on May 11, firm to raise ₹5,235 cr: Report
short by Hiral Goyal / on Monday, 2 May, 2022
The initial public offering (IPO) of logistics startup Delhivery is likely to open for subscription on May 11 and close on May 13, Moneycontrol reported citing senior bankers. The Gurugram-based startup now plans to raise ₹5,235 crore through the IPO, down from the ₹7,460 crore planned earlier, Moneycontrol added. The offer will reportedly comprise a fresh issue of ₹4,000 crore.
read more at Moneycontrol