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                                                                Delhivery IPO subscribed 163% on final day, retail portion crosses halfway-mark
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                                                                          • bet3 365,sex poker,best horses in india,Delhivery IPO subscribed 163% on final day, retail portion crosses halfway-mark

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                                                                                                    • Delhivery IPO Delhivery IPO

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                                                                                                          The Rs 5,235 crore initial share sale of supply chain company Delhivery was subscribed 163 per cent on the third and final of the offer on Friday.

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                                                                                                              The IPO received bids for 10,16,82,330 shares against 6,25,41,023 shares on offer, according to BSE data at 5 pm.

                                                                                                                  1. The portion reserved for retail individual investors (RIIs) received 0.57 times subscription while qualified institutional buyers' segment (QIBs) got 2.66 times subscription and non-institutional investors 0.30 times.

                                                                                                                            1. The company's public issue comprises a fresh issue of up to Rs 4,000 crore and an offer for sale of up to Rs 1,235 crore.

                                                                                                                              1. Under the OFS, investors Carlyle Group and SoftBank as well as Delhivery's co-founders will divest their shareholding in the logistics company.

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                                                                                                                                      • Price range for the offer is at Rs 462-487 per share.

                                                                                                                                          1. On Tuesday, Delhivery raised Rs 2,347 crore from anchor investors.

                                                                                                                                                Proceeds of the fresh issue will be used towards funding organic growth initiatives, funding inorganic growth through acquisitions and other strategic initiatives and for general corporate purposes.

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                                                                                                                                                          Delhivery provides a full range of logistics services, including express parcel delivery, heavy goods delivery and warehousing.

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                                                                                                                                                            The equity shares of the supply chain company will list on BSE and NSE.

                                                                                                                                                            Morgan Stanley bet365 bonus code 2018 Company, Kotak Mahindra Capital Company, BofA Securities bet365 bonus code 2018 and Citigroup Global Markets bet365 bonus code 2018 are the managers to the offer.

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