Education: Graduation from Tier3 college
Years of Experience: ~1.5
Prior Experience: product based startup
Previous TC : 8.5
Date of the Offer: April' 22
Company: Delhivery
Title/Level: SDE
Location: Gurugram
Salary: 16 LPA
Stocks: 16 LPA(10%,20%,30%,40%) across 4 years

Is this offer lowballed or can I ask for more ?