IPO - Initial Public Offers - DELHIVERY LIMITED IPO (DELHIVERY IPO) Details in IPO's & MF's - One of the largest fully-integrated logistics services players.
Increasing loss YOY as per the financial results in DRHP.
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One of the largest fully-integrated logistics services players.
Increasing loss YOY as per the financial results in DRHP.
Services include Express Parcel, Partial-Truckload Freight, Truckload Freight, Cross-Border Services, and Supply Chain Services.
The company has built a nationwide network, servicing 17,045 PIN codes in the six months ended June 30, 2021, or 88.3% of the 19,300 PIN codes in India.
Its 164-network infrastructure includes 124 gateways, 20 automated sort centres, 83 fulfilment centres, 35 collection points, 24 returns processing centres, 249 service centres, 120 intermediate processing centres, and 2,235 direct delivery centres as of June 30, 2021.
Objects of the Issue:
1. Funding organic growth.
2. Funding inorganic growth through acquisition and strategic initiatives.
3. General corporate purposes.
Company Financials:
Delhivery IPO Details:
Delhivery IPO Timeline:
Delhivery IPO Lot Size:
The Delhivery IPO lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹189,930).
How to apply for IPO?
1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.
2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.
Refer to this video to apply for IPO using UPI at Zerodha.