Delhivery IPO - Peer Comparison, What It Gains in Growth It Gives up in Margins
Delhivery is now looking to raise around US$700m in its upcoming India IPO. In this note, we will undertake a peer comparison.
Delhivery IPO: Yet to Convincingly Deliver
Delhivery has cut its IPO raise from $1 bn to $0.7 bn. The subscription period runs from 11 to 13 May. A high-growth but loss-making and cash...
Delhivery IPO Initiation: Can It Deliver?
Delhivery has won SEBI approval to raise up to $1 billion. Based on the draft red herring prospectus, we are cautious about this potential IPO as...
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