Delhivery is set to file its papers within the next one week for an initial public offering (IPO) to raise up to $1 billion, according to multiple people familiar with the matter.
They told ET that the logistics and supply chain startup aims to list on Indian bourses before March next year with a “post-listing valuation goal of about $4.5-5 billion.”
The issue is likely to include both primary and secondary share sales as some of the existing