Business Standard

Monday, December 23, 2024 | 03:05 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today

Delhivery's IPO size is Rs 5,235 crore, the second-biggest after LIC this year

Delhivery raises Rs 2,346 cr from anchor investors as IPO opens today
Premium

BS Reporter Mumbai
Logistics major Delhivery on Tuesday raised Rs 2,346 crore from 64 anchor investors. The Gurugram-based firm allotted nearly 48.2 million shares at Rs 487 apiece, the upper end of its IPO price band. Sources said the anchor book saw nearly 10 times more demand than the shares on offer. 

Amansa, Goldman Sachs, Aberdeen, Tiger Global, Schroder, and Baillie Gifford were among the anchor investors who got an allotment. 

Seven domestic mutual funds (MF) invested through 15 different schemes. The allotment made to them formed 30 per cent of the anchor book. SBI MF and HDFC MF were among the domestic

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in