The institutional investor portion of the Delivery IPO issue was subscribed for nearly two times
Four domestic stocks added, one excluded from MSCI Standard index
The institutional investor portion of the issue was subscribed 1.26 times, high-networth individual portion 99 per cent and retail portion 1.3 times
The Bangalore-based HR services platform plans to raise Rs 50 crore in fresh capital through the IPO and the remaining Rs 750 crore will be an offer for sale by existing shareholders
Both the IPOs close on Friday. Delhivery's IPO size is Rs 5,235 crore, second-biggest after LIC this year
Of the 12 that have risen, only one has provided double-digit gains
The company works with brands and websites to provide a credit feature in their apps to serve customers.
The employees who resigned didn't want to relocate to their respective office locations
ApnaKlub allows anyone with a smartphone and an entrepreneurial drive to earn supplemental income by aggregating demand and supplying FMCG goods to retail (kirana) stores in their local community
Retail investors still in-the-money
The relatives, however, alleged that she was not immediately provided any medical assistance
The bank will unveil its super app next month
A day earlier, Delhivery raised Rs 2,346 crore from 64 anchor investors
First time that Tiger Global has invested in a startup at pre-product stage
The company's total income saw a 35 per cent increase to Rs 1,816 crore during the quarter under review, as against Rs 1,350 crore in the fourth quarter of 2020-21
Individual investors are still expected to make gains
Delhivery's IPO size is Rs 5,235 crore, the second-biggest after LIC this year
Hindustan Unilever and Asian Paints gained the most at 3.24 per cent and 2.5 per cent, respectively
Deal done at Rs 326 apiece to three anchor investors Nippon India, Kotak Life Insurance and India SME Investments
Stock end at Rs 450, Rs 92 below issue price of Rs 542 a share