Logistics startup Delhivery seeks to raise about $998 million in its Initial Public Offering (IPO).
Delhivery plans to issue new shares worth $669 million.
The rest of the capital will be utilized to buy existing shares, the company said in a filing.
The 10-year-old startup was valued at over $3 billion four months ago.
The firm is backed by SoftBank, Tiger Global Management, Times Internet, among others.
Delhivery has a presence in over 2,300 Indian cities and more than 17,500 zip codes.
The Gurgaon-headquartered firm has raised $1.37 billion in funding over the years.
