Delhivery IPO GMP Today, Dates, Share Price, Review, and more

Delhivery, the popular tech-logistics company is coming with its IPO. Alongside, Prudent Corporate Advisory Services (retail wealth management) and Venus Pipes & Tubes (steel pipes manufacturer) will also launch their IPOs.

Delhivery is the largest fully integrated logistics services provider in India based on revenue. This company is based in Gurugram. It works in 17,045 Indian PIN codes i.e. 88.3% of total Indian PIN codes (19,300).

Delhivery IPO has only 10% shares reserved for retail investors so will be hard to get allotment. It is currently making losses (-ve P/E ratio) which is a worry for investors. It has got 1 subscribe vote, 2 neutral, and 14 avoid votes by Chittorgarh IPO community members. This indicates that it is better to skip the Delhivery IPO. However, you can buy when it opens if you feel that it can go up in the long run. Therefore, Delhivery IPO is a ‘Long-Term High Risk’ bet.

You can find the official Delhivery IPO DRHP here.

There is 1 lot of min 30 shares amounting to ₹14,610. You can apply in multiples of 30 shares upto 13 lots i.e. 390 shares worth ₹1,89,930.

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