Many investors from all across the country are looking for Delhivery Share Price Target 2022. After knowing that its IPO is going to launch many people want to know what its will be the share price target in its upcoming year. If you are also looking for the same thing then you are at the right place because here you will find all the details related to this topic.
In this article, we are going to present all the details regarding Delhivery Share Price Target 2022, Details about its IPO and other details about the company. So we will just suggest you all read this article till the end and you will get answers of all your queries.
Delhivery is Indian e-commerce and logistic company It was established in 2011 and the name of the originator of the company is Sahil Baura, Mohit Tandonand Bhavesh Bmanglani. The present CEO of the company is Sahil Bauras The name of its parent company is SSN logistic private limited. this company operates all over India and now it can parcel almost about 1.5 million parcels per day.
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In May 2021, the company itself revealed that it has raised $277 million thus Currently this company have a market valuation of more than 3 billion USD. AS you can see that this startup has touched new heights in a very small duration of time and even the IPO of this company launched a few days back. Due to this all those people who are willing to invest in this company looking for Delhivery Share Price Target 2022. Without any further delay have a look at it.
Delhivery Share Price Target 2022
Now here in this paragraph, we are going to tell you about Delhivery Share Price Target 2022. Its share price will be around 462 to 487 rupees per equity share. and the company is looking to raise 5235 million through its public offering.
If we talk about its share price in upcoming years then we do have not any information about it from the official sources. In this tough time when many investors are losing money due to a crash in the stock market, we can not predict anything about its share price. It will entirely depend on how company is going to perform in this tough time.
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Delhivery IPO Date
Its IPO opens on 11 May 2022 and it is going to close on 13 May 2022. In this IPO include a new issuance of 4,000 crores and an offer for sale of up to 1,235 crores. It has reserved equity shares worth Rs. 20 crore for qualified workers and is providing them a discount of Rs. 25 per share in exchange for their loyalty.
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We are wrapping up this article with the expectation that you have got all details related to the Delhivery Share Price Target 2022. These details like what will be the price of each share and the size of each band, When this IPO is going to launch and the benefit the employee of this company will get in this IPO and much more. If you have any questions related to the Delhivery Share Price Target 2022 in your mind, you can ask us in the comment section below. We are here to assist you in the best possible way.