Delhivery IPO
Logistics/Tech - Listed on 24 May 2022
Delhivery IPO listing summary
Delhivery (Logistics/Tech) closed its IPO window in 2022 and listed on NSE and BSE on 24 May 2022 at an upper band issue price of Rs 487, opening at Rs 536.33 for a listing gain of +10.1% and closing day one at Rs 536.25 (+10.1% on closing basis). The IPO was subscribed 1.29x overall - QIB 1.03x, HNI/NII 1.45x, Retail 1.82x. The total issue size was Rs 858.7 Cr (Fresh Issue Rs 225 Cr, OFS Rs 633.7 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Delhivery IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 20 | +4.11% |
| Day 2 | Rs 10 | +2.05% |
| Day 3 | Rs 5 | +1.03% |
| Day 4 | Rs 5 | +1.03% |
| Day 5 | Rs 5 | +1.03% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Delhivery IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Delhivery IPO - FAQs
What was the listing gain of Delhivery IPO?
Delhivery IPO listed at +10.1% versus the upper issue price of Rs 487 on 24 May 2022.
How many times was Delhivery IPO subscribed?
Delhivery IPO was subscribed 1.29x overall. QIB portion was subscribed 1.03x, HNI / NII 1.45x and Retail 1.82x.
What was the IPO GMP for Delhivery?
IPO GMP started at Rs 20 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.