Delhivery IPO GMP History
Delhivery IPO has been listed on May 24, 2022 at a listing price of ₹495.2, against the issue price of ₹487 — a gain of ₹8.2 (+1.68%). The GMP peaked at ₹35 on 4 May 2022 and reached a low of ₹5 on 11 May 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Delhivery IPO raised ₹5235 Cr. through its IPO at a price band of ₹462 to ₹487 per share, with a lot size of 30 shares. The IPO was open for subscription from 11 May 2022 to 13 May 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:24 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 11 May 2022 | ₹ 5 | ▼ | 1% | — | — |
| 10 May 2022 | ₹ 10 | ▼ | 2% | — | — |
| 09 May 2022 | ₹ 20 | — | 4% | — | — |
| 07 May 2022 | ₹ 20 | — | 4% | — | — |
| 06 May 2022 | ₹ 20 | ▼ | 4% | — | — |
| 05 May 2022 | ₹ 30 | ▼ | 6% | — | — |
| 04 May 2022 | ₹ 35 | — | 7% | — | — |
Delhivery IPO dates
Key dates from opening to listing. Today is 15 November.
- Open 11 May 2022
- Close 13 May 2022
- Allotment 19 May 2022
- Refund/credit 20 May 2022
- Listing 24 May 2022
Delhivery IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹487 |
|---|---|
| GMP-based estimate (pre-listing) | ₹492 (+1%) |
| Listing gain / loss | +₹8.2 per share |
| Listing date | 24 May, 2022 |
| Actual listing price | ₹495.2 (+1.68%) |
Is Delhivery IPO GMP reliable?
Grey market premium for Delhivery IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Delhivery IPO full review for a fundamentals-based assessment before making any grey market trades.
Delhivery IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Delhivery IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Delhivery IPO
Delhivery Limited was incorporated as SSN Logistics Private Limited on 22 June 2011. It provides express parcel and heavy goods delivery, part-truckload and truckload freight, warehousing, supply chain solutions, cross-border services and supply chain software.
It also offers e-commerce returns, payment collection, installation and assembly, and fraud detection. Its own technology stack has over 80 applications covering supply chain processes.
As per RedSeer, it was the largest and fastest growing fully integrated logistics player in India by revenue in FY21. It served 17,045 PIN codes in the six months to 30 June 2021, or 88.3% of India's 19,300 PIN codes. The company has no identifiable promoter.
The IPO was Rs 5,235 crore, with Rs 4,000.00 crore of fresh issue and Rs 1,235.00 crore of offer for sale. Rs 1,360.00 crore was planned for network infrastructure and Rs 1,000.00 crore for acquisitions.
Frequently asked
What is the GMP of Delhivery IPO?
The current Grey Market Premium (GMP) of Delhivery IPO is ₹ 5.
What is the Kostak Price of Delhivery IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Delhivery IPO is not available.
What is the Subject to Sauda Price of Delhivery IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Delhivery IPO?
Delhivery IPO listed on May 24, 2022 at ₹495.2, against the issue price of ₹487 — a gain of +1.68%.
How did the GMP of Delhivery IPO trend before listing?
The GMP of Delhivery IPO was falling in its final days before listing. The GMP peaked at ₹35 on 4 May 2022. View the day-wise table above for the complete GMP history.
Explore Delhivery IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
