Delhivery IPO Review & Recommendations

Apply for Long Term at Cut-off Price

One of the few startups with a billion dollar revenue.. And adjusted ebidta positive.. From Q4 onwards they would report strong numbers. FY23, company would do revenues of 10K crore at the last..

Avoid

this company is incurring heavy losses and will continue to do losses as mentioned by them, so stay away

Avoid

Poor valuation

Avoid

Please Avoid and save ur money. just thinking brain of 41% Retail investors who invested here. This is no Brainer avoid avoid avoid.

Avoid

Totally negative results and highly overpriced

Avoid

An unfairly high priced IPO considering the prevailing market situation coupled with the fact that it is consistently returning losses... Although, it seems it may turn profitable in the future, the risk-reward ratio at present is tilting more towards the risk than any reward.
Any listing gain or short term gain doesn't look probable and long term investors can be better off buying after listing.... Overall, an avoid for me.....

Apply for Listing Gain at Cut-off Price

Anchor list is good and most of foreign Investor is there like Zomato, Sona .
Listing gain will there .

Avoid

No visibility of profitability in the future. Valuation bubbles have broken in the secondary market and hence not advisable to apply for IPO of such companies.

Avoid

Loss making company & valuation not attractive .

Avoid

Loss making

Avoid

Continuous loss making, Expensive valuations, Huge size, current market fall situation, no visibility of profit in near future....

Avoid

Avoid

Avoid

Highly loss making with even asset light model not helping. Couple of years are needed for it to lower cost and become profit making. Enough capable and cheap logistics players exist in secondary market to play the sector. Avoid and save your capital.

Avoid

Lose making company

Avoid

Loss making company, high valuation

Avoid

Assets increased, adding new clients, PAT will increase soon these are the pros but this is not right time to launch this IPO. Many are sticked in RAINBOW, many will stuck in LIC so In my view only high risk appetizers can go for it.

Avoid

> LMs are not at all reliable. They manage previous issues like reliance power , paytm and cartrade.

> Issue size is above 5000 cr.
Fully subscription of HNIs looks doubtful. GMP - 0

> Mcap/Revenue is double than blue dart. Frenzy pricing.

> All peers are profit making company. This is loss making company like paytm and cartrade.

Avoid

With multiple brands in market, delhivery business doesn't look to be prominent.

Neutral

+ve
Most IPO size is fresh issue
Retail 10%
Asset light business
If QIB crossed at least 10X then consider to apply with limited capacity.

-ve
Nothing left on table, costly than peers
OFS is also there Why promoter is selling if company is not in profit? is Big Q.

as of now view is neutral.

Apply for Long Term at Cut-off Price

Nice growth, good IT Infra, wide supply chain. it will be a great company in future.

Avoid

Another Paytm and CarTrade in making.

Avoid

its a loss making startup company. not for just last year this company did not make any profit so far
valuation is very high. issue is very high at FV of 1

Although company is a leading logistic service provider in e commerce space but not profitable. avoid and buy once listed.

Avoid

It reminds me paytm because it mcap is to high.

Neutral

will wait and watch

Avoid

Loss making company

Avoid

Loss making comany from last years.

Avoid

Loss making

Avoid

AVOID

Avoid

Loss making company.
Exorbitant price band/ valuation.
Impacted profits in near term.
Global, domestic market conditions.
Increasing interest rate.
Vanishing FII, FPI.

Apply for Long Term at Cut-off Price

Good Growth Visibility.
Issue is Fully Priced.
It has the X factor of very qualified and technically sound management.
Market conditions may play spoilsport in short term.
Offers better capabilities than its listed peers.

Avoid

This constantly loss making start up is going be another PayTM. Only the promotors are going to benefitted, not the investors. Better to avoid the IPO and buy it's shares at half price after a month!

Avoid

Loss making company and heavy compitition

Avoid

recent performance of listed loss-making tech companies!

Avoid

हर साल नुकसान बढ़ रहा है,जबकि revenu बढ़ रही है।

Avoid

Stretched valuation of MCAP of 35000 crore with this price band.

Avoid

Highly loss making company with absurd valuations.

Avoid

Heavy Losses

Neutral

Los making company