Delhivery joins the IPO race: Files DRHP with Sebi to raise Rs 7,400 crore, seeks valuation of up to $5.5 billion

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The IPO consists of a fresh issue of shares worth Rs 5,000 crore and an offer for sale (OFS) by existing investors amounting to Rs 2,460 crore, according to the company’s draft red herring prospectus (DRHP).

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