Delhivery makes muted market debut; lists nearly 2% higher

May 24, 2022

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NEW DELHI: Shares of provide chain firm Delhivery Ltd on Tuesday made a muted market debut itemizing with a virtually 2 per cent premium in opposition to its subject value of Rs 487. The inventory was listed at Rs 493, a acquire of 1.23 per cent from the difficulty value on the BSE. It later jumped 7.62 per cent to Rs 524.15.
On the NSE, it made its debut at Rs 495.20, up 1.68 per cent.
The preliminary share sale of Delhivery was subscribed 1.63 instances earlier this month.
The general public provide had a value vary of Rs 462-487 per share.
The problem of Rs 5,235 crore had a contemporary subject of as much as Rs 4,000 crore and a suggestion on the market of as much as Rs 1,235 crore.
Delhivery offers a full vary of logistics companies, together with specific parcel supply, heavy items supply and warehousing.



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