Carlyle, SoftBank to part-sell stake in Delhivery IPO

Delhivery’s initial public offering (IPO) may see a Rs 2,000-Rs 2,500 crore secondary share sale by existing investors Carlyle, Fosun, SoftBank Vision Fund and Times Internet, people with direct knowledge of the development said. The new-age logistics and supply chain company, which is expected to file its draft IPO papers in the next few days, is looking to raise primary capital of about Rs 5,000 crore from its public issue.

from Markets-Economic Times https://ift.tt/3bDID37