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This Article is From May 10, 2022

Delhivery IPO - Huge Addressable Market At Expensive Valuation: Reliance Securities

Delhivery IPO - Huge Addressable Market At Expensive Valuation: Reliance Securities
Delhivery's trucking terminal at Bilaspur. (Source: Company website)

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Reliance Securities' IPO Report

Delhivery Ltd. provides a diverse array of logistics solutions like delivery of express parcel and heavy goods, partial truck load freight, truck load freight, warehousing, supply chain solutions, cross-border express, freight services, and supply chain software.

It is the largest and fastest-growing fully integrated logistics services player in India.

The company aims to enable customers operate in a flexible and reliable environment with resilient supply chains at the lowest costs.

Delhivery is coming with an IPO of Rs 52.4 billion comprising of a fresh issue of Rs 40 billion and offer for sale of 25.4 million shares.

Click on the attachment to read the full IPO report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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