#MCExclusive | Has the Pharmeasy-Thyrocare deal sparked a trend of acquisitions by unicorns ahead of IPOs? Softbank backed IPO bound Delhivery is now in talks to buy out rival logistics firm Spoton backed by Samara Capital reports Ashwin Mohan.
https://www.moneycontrol.com/news/business/mergers-acquisitions/ahead-of-ipo-softbank-backed-delhivery-in-talks-to-acquire-rival-logistics-firm-spoton-7099161.html
#IPO #Delhivery
https://www.moneycontrol.com/news/business/mergers-acquisitions/ahead-of-ipo-softbank-backed-delhivery-in-talks-to-acquire-rival-logistics-firm-spoton-7099161.html
#IPO #Delhivery
Moneycontrol
Ahead Of IPO, Softbank Backed Delhivery In Talks To Acquire Rival Logistics Firm Spoton
In August 2018, a consortium of Samaara Capital and Xponentia Fund Partners purchased Spoton Logistics for around Rs 550 crores. PE firm India Equity Partners completely exited the firm with this deal. Recently another unicorn, namely Pharmeasy acquired a…
#StartupWithMC | Ahead of its #IPO, the Gurgaon-headquartered Delhivery has raised $76.4 million from Lee Fixel's venture Capital firm Addition as part of a Series I round.
Priyanka Sahay reports at
https://www.moneycontrol.com/news/business/startup/delhivery-raises-76-million-from-lee-fixels-addition-ahead-of-ipo-7437061.html
#addition #Delhivery #IPONews
Priyanka Sahay reports at
https://www.moneycontrol.com/news/business/startup/delhivery-raises-76-million-from-lee-fixels-addition-ahead-of-ipo-7437061.html
#addition #Delhivery #IPONews
Moneycontrol
Delhivery Raises $76 Million From Lee Fixel's Addition Ahead Of IPO
Founded in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Kapil Bharati and Suraj Saharan, the logistics startup is planning to list on exchanges between December 2021 and March 2022.
Leading logistics & supply-chain services firm Delhivery said it had appointed Kalpana Morparia, Romesh Sobti & Saugata Gupta as independent directors to the company’s board.
But who are they? Read more at
https://www.moneycontrol.com/news/business/companies/logistics-firm-delhivery-names-3-independent-board-directors-7582451.html
#Delhivery #StartUp #Hiring
But who are they? Read more at
https://www.moneycontrol.com/news/business/companies/logistics-firm-delhivery-names-3-independent-board-directors-7582451.html
#Delhivery #StartUp #Hiring
Moneycontrol
Logistics Firm Delhivery Names 3 Independent Board Directors
The three new independent board directors are Kalpana Morparia, Romesh Sobti, and Saugata Gupta
This deal will help #Delhivery strengthen its capabilities in a wide range of applications, including aerial photography, remote sensing, inspection and surveys.
Read at 👇
https://www.moneycontrol.com/news/business/startup/delhivery-acquires-us-based-transition-robotics-for-undisclosed-amount-7804381.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/business/startup/delhivery-acquires-us-based-transition-robotics-for-undisclosed-amount-7804381.html?utm_source=telegram&utm_medium=social
Moneycontrol
IPO-bound Delhivery Acquires US-based Transition Robotics
The deal will help Delhivery strengthen its capabilities in a wide range of applications, including aerial photography, remote sensing, inspection and surveys.
#MarketsWithMC | #IPO-bound logistics service Delhivery has announced its investment in Falcon Autotech, a logistics automation solutions provider.
Read at
https://www.moneycontrol.com/news/business/ipo-bound-delhivery-announces-investment-in-falcon-autotech-7902701.html?utm_source=telegram&utm_medium=social
#Delhivery #DelhiveryIPO #FalconAutotech #Markets
Read at
https://www.moneycontrol.com/news/business/ipo-bound-delhivery-announces-investment-in-falcon-autotech-7902701.html?utm_source=telegram&utm_medium=social
#Delhivery #DelhiveryIPO #FalconAutotech #Markets
Moneycontrol
IPO-bound Delhivery Announces Investment In Falcon Autotech
With this partnership, Delhivery expects to work closely with Falcon Autotech to design and implement new automation solutions for transportation and warehousing operations.
#IPOAlert ⚡️ #Delhivery, Radiant Cash Management Services, and #VerandaLearning Solutions have got approval from the #SEBI to launch their #IPOs.
Read at ⏬
https://www.moneycontrol.com/news/business/ipo/ipo-greenlight-for-delhivery-radiant-cash-management-and-veranda-learning-7950841.html?utm_source=telegram&utm_medium=social
Read at ⏬
https://www.moneycontrol.com/news/business/ipo/ipo-greenlight-for-delhivery-radiant-cash-management-and-veranda-learning-7950841.html?utm_source=telegram&utm_medium=social
Moneycontrol
IPO Greenlight For Delhivery, Radiant Cash Management, And Veranda Learning
In Delhivery IPO, the following will sell shares: Carlyle, SoftBank, Times Internet, Fosun Group-owned China Momentum Fund
#Delhivery Ltd, has set the price band of its IPO at Rs 462-487 a share, valuing the company at Rs 35,283 crore at the top end of the band.
Read more 👇
https://www.moneycontrol.com/news/business/ipo/delhivery-sets-price-band-at-rs-462-487-a-share-firm-valued-at-rs-35283-crore-8453071.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/ipo/delhivery-sets-price-band-at-rs-462-487-a-share-firm-valued-at-rs-35283-crore-8453071.html?utm_source=telegram&utm_medium=social
Moneycontrol
Delhivery IPO | Price band set at Rs 462-487 a share; firm valued at Rs 35,283 crore
The firm said the IPO would open for subscription on May 11 and close on May 13.
#IPOAlert ⚡️ #Delhivery, a logistics and supply chain startup, will open its IPO tomorrow and close it on May 13.
Here's all you need to know ⏬
https://www.moneycontrol.com/news/business/ipo/delhivery-ipo-all-you-need-to-know-8480701.html?utm_source=telegram&utm_medium=social
Here's all you need to know ⏬
https://www.moneycontrol.com/news/business/ipo/delhivery-ipo-all-you-need-to-know-8480701.html?utm_source=telegram&utm_medium=social
Moneycontrol
Delhivery IPO: All you need to know
Kotak Mahindra Capital, Morgan Stanley India, Bofa Securities India, and Citigroup Global Markets are managing the share sale.
#NewsAlert | Delhivery IPO fully subscribed.
Stay tuned for more details!
#DelhiveryIPO #Delhivery #IPO #IPONews
Stay tuned for more details!
#DelhiveryIPO #Delhivery #IPO #IPONews
#MarketsWithMC | Shares of #Delhivery slid below the #IPO price in the grey market ahead of listing on May 24.
The stock was already seeing muted volumes after #DelhiveryIPO saw a dull response from retail & high net worth investors. More at 👇
https://www.moneycontrol.com/news/business/ipo/delhivery-slides-below-ipo-price-in-grey-market-ahead-of-tuesday-listing-8543041.html?utm_source=telegram&utm_medium=social
The stock was already seeing muted volumes after #DelhiveryIPO saw a dull response from retail & high net worth investors. More at 👇
https://www.moneycontrol.com/news/business/ipo/delhivery-slides-below-ipo-price-in-grey-market-ahead-of-tuesday-listing-8543041.html?utm_source=telegram&utm_medium=social
Moneycontrol
Delhivery slides below IPO price in grey market ahead of Tuesday listing
The stock was already seeing muted volumes in the grey market after the IPO saw a dull response from retail and high net worth investors.
From #LIC to #Delhivery, here's a list of new entrants to Indian capital market this week.
Take a look 👇
https://www.moneycontrol.com/news/photos/business/ipo/going-public-and-freshly-listed-heres-a-lit-of-new-entrants-to-indian-capital-market-this-week-8544471.html?utm_source=telegram&utm_medium=social
Take a look 👇
https://www.moneycontrol.com/news/photos/business/ipo/going-public-and-freshly-listed-heres-a-lit-of-new-entrants-to-indian-capital-market-this-week-8544471.html?utm_source=telegram&utm_medium=social
Moneycontrol
Going public and freshly listed: Here's a list of new entrants to Indian capital market this week
Shares of logistics and supply chain startup Delhivery have slid below the IPO price in the grey market ahead of listing on May 24. Here's a list of initial public offerings (IPOs) scheduled to be listing this week.
#DailyVoice 🎤 Sonam Srivastava of Wright Research advises caution on #eMudhraIPO, expects tepid listing for #Delhivery, but #Venus at premium.
Read on 👇
https://www.moneycontrol.com/news/business/markets/daily-voice-sonam-srivastava-of-wright-research-advises-caution-on-emudhra-ipo-expects-tepid-listing-for-delhivery-but-venus-at-premium-8549301.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/business/markets/daily-voice-sonam-srivastava-of-wright-research-advises-caution-on-emudhra-ipo-expects-tepid-listing-for-delhivery-but-venus-at-premium-8549301.html?utm_source=telegram&utm_medium=social
Moneycontrol
Daily Voice | Sonam Srivastava of Wright Research advises caution on eMudhra IPO, expects tepid listing for Delhivery, but Venus…
"The IPO market premium is primarily linked to the sentiment in the secondary markets. When the markets are euphoric, IPOs demand premium valuations, but no one likes an overvalued company in tough times, especially if the profits are low."
#Delhivery had launched its #IPO on May 11, which culminated in a tepid listing for the stock on the bourses today as the company could not capture investor interest.
Read more ⏬
https://www.moneycontrol.com/news/business/ipo/muted-listing-delhivery-ipo-shares-list-at-rs-495-20-a-1-68-premium-over-issue-price-8562951.html?utm_source=telegram&utm_medium=social
Read more ⏬
https://www.moneycontrol.com/news/business/ipo/muted-listing-delhivery-ipo-shares-list-at-rs-495-20-a-1-68-premium-over-issue-price-8562951.html?utm_source=telegram&utm_medium=social
Moneycontrol
Delhivery rises nearly 10% after shares list at 1.68% premium over IPO price
The IPO hardly sailed through, and retail investors barely participated despite the company reducing its issue size to Rs 5,235 crore as compared to Rs 7,460 crore earlier.