Delhivery Limited IPO Message Board (Page 5)

No need to tell much. Employee subscription rate in this IPO shows everything (17%)

Looks like they need to withdraw this IPO . If MFs tries to save this IPO then top MFs would face lot of criticism.

MFs mile hue hai, they dont invest their own money, the MFs play gamble with our money, loss hua to janta ka hoga

Retailer and HNI doing good job this time. Let it remain undersubscribed and hope it gets cancelled as it's a sure shot loss making price given at such expensive valuation. The Chines fund house should go bank empty handed with asking such valuation for a loss making venture .

its a waste of money, dhakkan company, doing losses since ages, avoid this IPO

Please Avoid and save ur money. just thinking brain of 41% Retail investors who invested here. This is no Brainer avoid avoid avoid.

it is a money trap as substantial part is to be pocketed by promoters....,The IPO is highly priced by greedy promoters....The company is still in teething stage and do not enjoy confidence of public at large....Not providing a reliable service...even after collecting fee in advance...and there are lot of complaints...
Not worth applying and loosing hard earned money..

Sure flop. the face vaue is Rs 1/-. That means the share is priced at Rs 4620/- for a normal share of face value Rs ten. total avoid.

BIG BIG RED FLAGs

1. > Co. has made provision of ESOPs. i.e IPO proceeds is going to be utilized for the benefit of employees. Last IPO was loss making CARTRADE where such kind of provisions were made. After IPO , promoter of CARTRADE hiked his salary to 5 Cr Rs. p.a excusing ESOPs option.

2. > Another red flag is around 1.4 Cr / 2.25 % shares pledged to IIFL including shares of Times group Bennett Coloman & Co.

3. > Chinese Investment company like Paytm , zomato , policy bazar , gland pharma with no identifiable promoters.

4. > Mr. Romesh Sobti , the former MD & CEO of Indusind bank act as a non-executive independent director in the management group as per delhivery site. https://www.delhivery.com/investor-relations/

Demotion in his post after he was made responsible for the crash in indusind bank share during yes bank crisis in 2020. Share price crashed from 1700-1800 to 350-400.

Gland pharma has identified promoter i.e. Fosun Pharma. Please check your facts

@arun , who is the promoter of fosun pharma ?
gland pharma is indian subsidiary of chinese fosun pharma if I'm not wrong.

Though vijay shekher sharma is managing paytm it is funded by jack maa , surinder goel managing zomato and infoedge is the investor of policy bazar , they all are funded by china.

even retail quota which is 10% only, could not even subscribed 1X after second day.

Time to teach lessons to greedy Promotors, Venture capitalists and lead managers who fixed IPO price so expensive.

@Members,

Please post your recommendation for this IPO. Read the recommendations from other members.

Dear Friends,
It have been observed that the Retail community is not United and not matured . We have to give a lesson to greedy promoters who are here just for looting the hard earned money of Retailers. We have numbers of examples like R power, Zomato, Paytm, Cartrade and so on. The company who is not in profit are demanding the hefty premiums, why we can't boycott these issues and thus next time no other promoters can repeat this type of work. Everyone was knowing that the valuation of the LIC's so expensive and even though most of the public subscribed it and govt have done their work. Let's pray for the best and hope that the things may improve in the near future.

Hope it does not get subscribe . Looks like high chance of date extension

Anchor list is good and I will take risk to apply here.

MRavi sir .. yes 😄😜

@Trueinfo .Thanks
Without discussion we can not learn.

Foreign Institutional Investors have bid for 1,22,130 shares on the very first day in this loss making IPO. That is enticing.

FIIs can never quit fooling retail investors. They have withdrawn 1.5 lk cr from India markets thus far and not thought twice before mercilessly shorting many solid blue chips and now buying this junk.
That's crazy, like some foodie relinquishing seven course meal for bread and butter. Cheaters.

do you the name of this investor, this investor is doing round robin of money via ipo

Such a company is an avoid at the first sight. It is difficult to understand how such companies dare to come out with such exorbitant price for FV one even in such market condition.
If there is a prospect of " khela hobe " , a small entry can be thought of.

do not apply this ipo at all, its a money trap, dont get fooled

Not at all convincing. On First ( profitability) second (pricing, valuation) and third look( market conditions), it's all avoid.

do not apply this ipo at all, its a money trap

Conpany business is good, can be profitable in long term future, but for ipo this must be avoided, very high price

it will not be profitable in future, in fact it will do more losses, when expenditure is more than income you are bound to make losses forever.
in these companies engineers are paid very high which do no work

Why would someone need to apply this in the current market situation,?
Good IPOs itself is strugging.100% Avoid.

very well said, do not apply, its a money trapping ipo

Even its employees are not interested. Just 9 % so far.

Whosoever is investing in this IPO needs to get his head checked.

some retailers have no info that this company is loss making since ages. they are just told blindly by their brokers to apply

Yes people who are giving positive reviews are actually fooling people. They themselves are not applying. They are not given any single positive reason in company to apply but just saying good anchor list. Delhivery is worst ipo in category of Paytm,cartrade coming to Garner money at hefty valuation.

u r right. the whole business is a sham, loss making forever.

@ IPO ANALYSIS SIR,
You have caught the right tune. At least indulging in buy call is not fair.
Thanks

Dilip Davda has recommended 'may apply' considering its growth plans and bright prospects ahead. It may be having growth plans and good prospectus ahead, but problem is that after listing it is very likely to be available below issue price of Rs. 487, so why to buy at this higher price now.

Suno sabki, karo apne man ki B-)
Diversity of views is what makes markets; otherwise there won't be any transactions!

@Antrix, you are right. It is a potential candidate for huge discount listing. Davda's 'may apply' raises eyebrows in his own words.

Should not go by anchor list in any IPO
Many possibilities:
May be Pre IPO investors
Unsaid understanding with bankers-if they buy into poor issues, will be given anchor in hotter issues
They are punters
They are living in Himalayas and don't know current valuations of the mkt

you are right, some guys are fooling retailers by giving positive view on this company and trapping them

Anchor is 45% of the issue and with lock in of 30 days (22.5%) and 90 days (22.5%).
How can anchor trap retail investors. Not understood
Anchor may be investing with other people money but they are answerable to other peoples