Delhivery has just been accorded SEBI approval to go ahead with its proposed Rs.7,460 crore IPO. What we know at this juncture is that the IPO will comprise of a fresh issuance of Rs.5,000 crore and an OFS of Rs.2,460 crore. Early PE investors, Carlyle and Softbank will be taking an exit in the OFS. The date announcement is expected this week and the IPO could mostly open in the coming week. Final confirmation is awaited.
Delhivery has just been accorded SEBI approval to go ahead with its proposed Rs.7,460 crore IPO. What we know at this juncture is that the IPO will comprise of a fresh issuance of Rs.5,000 crore and an OFS of Rs.2,460 crore. Early PE investors, Carlyle and Softbank will be taking an exit in the OFS. The date announcement is expected this week and the IPO could mostly open in the coming week. Final confirmation is awaited.