The stock, however, is unlikely to get added to the benchmark Nifty and Sensex indices anytime soon, he says .
Logistics company's anchor allotment on May 10 will demonstrate interest among investors for tech startups, say experts.
Delhivery's IPO will be second biggest this year after LIC
Offer is pegged to be around Rs 7,000 crore, rides on a positive outlook for sector
Oyo made preliminary filings in September aiming for an IPO in early 2022
The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises
Investors sour on new tech offerings after calamitous listing of Paytm and the battering received by Zomato, Nykaa.
Supply chain company Delhivery has received capital markets regulator Sebi's approval to raise Rs 7,460 crore through an initial public offering
Prestige Estates surges 8% to hit life-time high on strong Q3 sales; AGS Transact Technologies IPO to open on Wednesday and close on January 21; Delhivery gets SEBI's approval for Rs 7,460-crore IPO
Investment amount not revealed; partnership to enable bundling of hardware automated solutions along with Delhivery's SaaS platform
All intellectual property registered in the US will be assigned to Delhivery with this deal, boosting its capabilities aerial photography, remote sensing, inspection, and surveys
Planned smaller IPOs could have a harder time pricing shares if there is a reduced appetite for new listings
CCI has also given nod to acquisition of certain operating assets of FedEx India and TNT India by Delhivery
Ola posts first-ever operating profit of Rs 90 cr in FY21; Logistics startup Delhivery files DRHP with Sebi. More on top headlines for this evening
Primary issue will be of Rs 5,000 crore, which the company will raise via public issue; OFS by existing investors will be Rs 2,460 crore
Career banker and former IndusInd Bank MD-CEO, Ramesh Sobti, and Marico Industries chief Saugata Gupta join former JP Morgan India CEO Kalpana Morparia on the supply chain firm's board
The company, backed by SoftBank Vision Fund and Carlyle Group Inc., is targeting a Mumbai listing before March next year, said the people with knowledge of the matter
Business Standard brings you the top stories this evening
Samara Capital and Xponentia, which together acquired Spoton from IEP in 2018, are making a full exit for cash as part of the deal
Delhivery said it has acquired Bengaluru-based Spoton Logistics for an undisclosed sum, a move that will further strengthen its existing B2B capabilities