Delhi IPO raises ₹2,347 cr from anchor investors

Delhivery IPO: Ahead of the opening of initial public offering (IPO) membership, the supply chain company raised Tuesday 2,347 crore from anchor investors. As per the information available on BSE website, Delhivery Limited has decided to allot 4,81,87,860 equity shares to anchor investors. 487 each, including transaction size 2,346.74 crore.

Anchor Round Participants delhivery ipo Includes AIA Singapore, Amansa Holdings, Aberdeen New India Investment Trust Plc, Goldman Sachs, The Master Trust Bank of Japan, Government of Singapore, Monetary Authority of Singapore, Fidelity, Tiger Global Investment Fund, Steadview Capital Master Fund, Morgan Stanley Asia (Singapore) Huh. ) Pte, Societe Generale and Seganti India Mauritius are among the anchor investors.

SBI Mutual Fund (MF), HDFC MF, ICICI Prudential MF, Mirae MF, ICICI Prudential MF, Invesco MF and Nippon India also participated in the anchor round.

delhivery ipo worth 5,235 crores will open for subscription today i.e. 11th May 2022 and it will be open for bidding till 13th May 2022. Public issue now involves fresh issuance of equity shares. 4,000 crore and an offer for sale (OFS) component 1,235 crore by existing shareholders.

The co-founders of the Carlyle Group and SoftBank as well as Delhivery will sell their stake in the logistics company under OFS.

CA Swift Investments, a unit of Carlyle Group, to sell shares 454 crores; SVF Doorbell (Cayman) Limited, a unit of SoftBank Group, will sell shares of 365 crores; Daily CMF Pte Ltd, a wholly owned subsidiary of private equity fund China Momentum Fund, will sell shares worth LP Will sell 200 crore more Times Internet shares 165 crores.

In addition, Delhivery co-founders Kapil Bharti, Mohit Tandon and Sooraj Saharan will sell shares worth Rs. 50 million, 40 crore and 6 crores respectively.

The supply chain company has already clarified that the funds raised from the fresh issue will be used for financing organic growth initiatives, financing inorganic growth through acquisitions and other strategic initiatives and for general corporate purposes.

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