Delhivery IPO - To invest or not?

Mr. Amit Pamnani, Chief Investment Officer at Swastika Investmart said “We at Swastika Investmart provide a moderate rating of 3-star to Delhivery IPO, since listing gain may not be much, investors` amount is also blocked in LIC IPO and overall market sentiments are feeble. Hence, high-risk-bearing investors can bet on the long-term. The company's business model and prospects are great however considering the current market sentiments and investors' reaction to listed tech startups it's a risky bet. ”

Read our research-based rating in Indian Express article and take your call.
https://indianexpress.com/article/business/market/delhivery-ipo-everything-you-need-to-know-7910664/