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Date: 11 to 13 May 2022

Delhivery Ltd IPO, a logistics and supply chain startup, has announced a price range for its initial public offering (IPO) of Rs 462 to Rs 487 per share, valuing the company at Rs 35,283 crore at the top end of the range. The Delhivery IPO's basis will be set on May 19, and the shares will be credited to the demat account on May 23. The company will go public on stock exchanges on May 24.

The Securities and Exchange Board of India (SEBI) has mandated that all demat account holders update their six mandatory KYC data (Know Your Customer) information on or before June 30, 2022. Your demat account may be closed if you do not update your KYC details before the deadline. You wouldn't be able to access it, and you wouldn't be able to purchase or sell stocks on the exchange either.

Read More > 6 mandatory KYC details you need to update on your Demat account

The difference between the issue price and the premium paid by investors is known as the Grey Market Premium (GMP). Prior to their formal IPO listing on the stock exchange, the issue price is the price at which the shares will be made available for purchase.

The IPO grey market premium is extremely significant. The IPO grey market is an unauthorised marketplace where investors can buy and sell IPO applications or shares before they are officially traded on a stock exchange.

Read More > GMP and its effect on IPO listing

An FPO is a secondary share sale offer, whereas an IPO is the first or initial public offering of a company's stock. A private corporation is a company or issuer whose shares are listed in an IPO. The issuer joins the ranks of other publicly traded companies after its first public offering. The shares available for purchase in an FPO, on the other hand, come from a company that has previously been listed on the stock exchanges.

As of now (April 2022), the following is list of Top 10 Biggest IPOs in the Indian history according to Prime Database.

https://ipospy.com/top-10-biggest-ipos-in-indian-history/

Gail India Buyback Details: GAIL’s board of directors approved the “buyback of about Rs. 5.70 crore shares at a price of Rs. 190 per share, amounting to approximately Rs. 1,083 crores“.

https://ipospy.com/gail-india-buyback-date-and-price/

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