On 10 May 2022, Delhivery raised Rs 2346 crore from several anchor investors. Nearly 48.2 million shares were allotted to the Gurugram-based firm, the upper end of its IPO price band. The shares offer almost ten times on demand. Amansa, Goldman Sachs, Aberdeen, Tiger Global, Schroder, and Baillie Gifford got an allotment among all anchor investors.

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There are seven domestic mutual funds invested with fifteen different schemes. The allotment made to them formed 30 per cent of the anchor book. Both SBI and HDFC mutual funds got an allotment of domestic funds. The IPO of Delhivery is the second largest size, Rs 5 235 crores, after LIC this year, having a price band of Rs 462 to Rs 487 per share. Also, the market cap of Delhivery will be Rs 35,284 crore.

The Delhivery IPO opens on 11 May 2022 (Wednesday) and closes on 13 May 2022 (Friday).

Delhivery is looking to raise Rs 4,000 crore of fresh capital through the IPO. The remaining Rs 1,235 crore will be an offer for sale (OFS) for investors, including private equity firms Carlyle and Softbank.

Delhivery has announced to raise Rs 2,000 crore of issue proceeds for funding organic growth initiatives such as scaling up existing and adjacent business lines. It will use Rs 1,000 crore proceeds for inorganic financing growth. In the last five years, the company has undertaken over half a dozen strategic alliances and acquisitions to spur growth.