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Delhivery IPO
Subscription dates: 11th May - 13th May 22
Better Avoid
12-May 22
Delhivery is a largest & fastest growing full logistics services provider.
Provides services of - express parcel deliver, heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border express, freight services & supply chain software.
Additionally offers services like e-commerce returns, payment collection & processing, installation & assembly services
.
The company is the largest in terms of revenue growth & it has increased from Rs.1654 cr in 2019 to Rs. 3647 cr. in 2021 the company is making losses.
My View:
With high valuations and financials not intact the IPO issue is not looking attractive even listing gain.
Learn about IPO & IPO selling strategy here
https://play.google.com/store/apps/details?
id=com.kalyaniwadnere.courses
Kalyani Wadnere
Full time Trader Investor & Trainer in stock market
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