Investor demand for Deliveroo’s upcoming IPO exceeding full deal size: bookrunner

According to British food delivery company’s bookrunner, the demand for Deliveroo’s upcoming initial public offering (IPO) is in excess of the full size of the deal, with books covered throughout the price range of between 3.90 and 4.60 pounds per share, according to a bookrunner.

Deliveroo is expected to make its stock market debut in London on March 31, 2021. The IPO will be London’s biggest listing in a decade.

The British company, which opted against a premium listing, is targeting a market capitalisation of between 7.6 and 8.8 billion pounds.

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

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