Delhivery raises Rs 2,347 cr from 64 anchor investors ahead of Rs 5,235 cr IPO
India's largest 3PL express parcel player secured anchor commitments from SBI, HDFC, Baillie Gifford, Goldman Sachs and Tiger Global at Rs 487 before its public issue opening May 11. Price band Rs 462-487, revenue up 82% but net loss of Rs 891 cr in 9MFY22.
Logistics firm Delhivery raised Rs 2,347 cr from 64 anchor investors ahead of its Rs 5,235 cr IPO opening May 11, priced Rs 462-487. As India's largest 3PL express parcel player, it underpins e-commerce and retail delivery infrastructure.