Delhivery Limited IPO
MainboardLogistics
Listed On: May 24, 2022 at ₹ 495.20(NSE)
₹ 14610 /30 Shares
Check Allotment11 May, 2022
Open Date13 May, 2022
Close Date19 May, 2022
Allotment Date24 May, 2022
Listing DatePrice Summary
Last Closing
461.60 (-5.22%)52 Week High
489.1052 Week Low
236.53Last Update
15-Oct-2025 3:30 PMIPO Issue Details
- Issue Price ₹462-487 per equity share
- Face Value ₹1 Per Equity Share
- Issue Price Total 5235 Crores : 4000 Crores Fresh Issue + 1235 Crores OFS
- Listing at BSE, NSE
- List Price 495.20(NSE)
- Listing Date 2022-05-24
- Lead Manager Kotak Mahindra Capital Company Limited,Morgan Stanley India Company Pvt Ltd ,BofA Securities India Limited ,Citigroup Global Markets India Private Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion 10% (Number of Retail Applications : 3,56,870 Approx)
IPO Details
The IPO of is priced at ₹462-487 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from May 11, 2022 and ends on May 13, 2022. The allotment for IPO will be finalized on May 19, 2022. IPO will be listed on BSE, NSE, with a tentative listing date fixed as May 24, 2022. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
The book-running lead manager for the IPO is/are Kotak Mahindra Capital Company Limited,Morgan Stanley India Company Pvt Ltd ,BofA Securities India Limited ,Citigroup Global Markets India Private Limited.
The IPO sets its price band at 462-487 for each share. A single application for Delhivery Limited IPO must contain at least 30 shares.
IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 33,863,662 | 16,931,818 | 11,287,878 | 457,665 | 62,541,023 |
Day 1 11-05-22 05:00 PM | 0.29 x | 0.01 | 0.30 x | 0.06 x | 0.21 x |
Day 2 12-05-22 05:00 PM | 0.29 x | 0.01 | 0.40 x | 0.12 x | 0.23 x |
Day 3 13-05-22 05:00 PM | 2.66 x | 0.30 | 0.57 x | 0.27 x | 1.63 x |
Valuations
Company Financials
| 30-Jun-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 6,582.19 | 4,597.79 | 4,357.30 | 4,062.54 |
| Revenue | 1,364.01 | 3,838.29 | 2,988.62 | 1,694.87 |
| Profit After Tax | (-129.58) | (-415.74) | (-268.92) | (-1,783.30) |
About Company
Delhivery provides a full range of Logistics services, including delivery of express parcel and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express, freight services, and supply chain software. The company also offers value-added services such as e-commerce return services, payment collection and processing, installation & assembly services, and fraud detection. Delhivery is the largest and fastest-growing fully integrated Logistics services player in India by revenue as of FY21.
The company has proprietary technology systems that enable it to offer integrated Logistics services to a wide variety of customers. Its technology stack consists of over 80 applications for all supply chain processes.
The company has built a nationwide network, servicing 17,045 PIN codes in the six months ended June 30, 2021, or 88.3% of the 19,300 PIN codes in India.
Its 164-network infrastructure includes 124 gateways, 20 automated sort centres, 83 fulfilment centres, 35 collection points, 24 returns processing centres, 249 service centres, 120 intermediate processing centres, and 2,235 direct delivery centres as of June 30, 2021. The company has engineering, data sciences, and product team of 474 professionals. The company served a diverse base of 21,342 active Customers across e-commerce, consumer durables, electronics, lifestyle, FMCG, industrial goods, automotive, healthcare, and retail.
- Promoter(s)
It is a professionally managed company with no identifiable promoters.
Pre Issue Share Holding : N/A%
Post Issue Share Holding : N/A%
IPO - Issue Objectives
Funding organic growth.
Funding inorganic growth through acquisition and strategic initiatives.
General corporate purposes.
IPO - Anchor Investors
Delhivery raises Rs 2,347 crores from anchor investors ahead of IPO.
The participants in anchor round of Delhivery IPO include AIA Singapore, Amansa Holdings, Aberdeen New India Investment Trust Plc, Goldman Sachs, The Master Trust Bank of Japan, Government of Singapore, Monetary Authority of Singapore, Fidelity, Tiger Global Investments Fund, Steadview Capital Master Fund, Morgan Stanley Asia (Singapore) Pte, Societe Generale and Segantii India Mauritius are among the anchor investors.
SBI Mutual Fund (MF), HDFC MF, ICICI Prudential MF, Mirae MF, ICICI Prudential MF, Invesco MF and Nippon India too participated in the anchor round.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Delhivery Limited | 5.23 | NA | (14.66)% | 3,838 |
| Blue Dart | 24.62 | 46 | 24.7% | 3,288 |
| TCI Express | 14.72 | 53 | 33.9% | 844 |
| Mahindra Logistics | 6.18 | 99 | 8.25% | 4,083 |
IPO - FAQs
Ans. Delhivery Limited IPO is a Mainboard IPO. The issue is priced at ₹462-487 per equity share. The minimum order quantity is 30 Shares. The IPO opens on May 11, 2022, and closes on May 13, 2022. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Delhivery Limited IPO opens on May 11, 2022 and closes on May 13, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Delhivery Limited IPO is Total 5235 Crores : 4000 Crores Fresh Issue + 1235 Crores OFS.
Ans. The Delhivery Limited IPO price band is set between ₹462-487 per equity share.
Ans. To apply for Delhivery Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Delhivery Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Delhivery Limited IPO is May 19, 2022.
Ans. The Delhivery Limited IPO will be listed on May 24, 2022.
Ans. Follow the steps to check the Delhivery Limited IPO allotment status online.
