Delhivery IPO Day 2 | Total subscription at 23%, retail portion booked 40%, employee quota 12% - Moneycontrol

The net fresh issue proceeds will be utilised for funding organic growth initiatives, and inorganic growth through acquisitions and other strategic initiatives, besides general corporate purposes.

The initial public offering of logistics services provider Delhivery was subscribed 23 percent against IPO size of 6.25 crore shares on the second day of bidding. The offer size has been reduced to … [+1971 chars]

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