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Delhivery is a step closer to filing IPO, converts to a public entity
source link: https://nextbigwhat.com/delhivery-ipo/
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Delhivery is a step closer to filing IPO, converts to a public entity
Delhivery is a step close to filings the preliminary paperwork for its initial public offering scheduled for this financial year.
The Gurgaon-based startup has already converted itself to a public limited entity, which will allow it to raise capital from the general public.
A private limited entity cannot list in the stock exchange and has to convert into a public limited company even before listing on the stock exchange.
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