Delivery Ltd price band Appx 480/- to 490/- Per Share, I may be wrong, Lot Size may be 30 shares per lot.
14. jajo| Link| Bookmark|
May 2, 2022 11:24:13 PM
Top Contributor (300+ Posts, 200+ Likes)
Very large IPO&OFS of Rs 7460 Cr. But only 10% of the issue is reserved for Retail applicants as the Company is continuously incurring losses for the last 3 years. Let us wait for the price band to be announced so as to take a decision to participate or not.
14.1. ipo stonks| Link| Bookmark|
May 3, 2022 5:05:22 PM
Top Contributor (200+ Posts, 200+ Likes)
The IPO size is reduced. The figures of Delhivery IPO on chittorgarh site is of earlier dates.
Where is result till March 22 ( or atleast till dec 21) to apply. Fuel cost has added extra burden on them and decreased the margin exponentially. Further stagflation will have effect on them.
Very close to turning profitable. It's not easy to set up and operate logistics and supply chain networks at a scale, therefore even the biggest e-commerce players turn to third-party providers like Delhivery. This can be a good way to ride the e-commerce wave, without bearing the usual risks of e-commerce businesses. IPO valuation needs to be reasonable though.
8. antarix| Link| Bookmark|
May 3, 2022 11:38:49 AM
IPO Guru (1000+ Posts, 700+ Likes)
Compared to 2019 loss of more than Rs. 1700 crore, it now is around 400 crore (2021) but still a red flag. Revenues are increasing (more than doubled in two years) that is good so need to see the pricing.