Delhivery IPO Date, Review, GMP, Price Details

Delhivery IPO, a logistics company is the largest and fastest-growing fully-integrated courier chain in India by revenue in Fiscal 2021. The company aims to raise Rs 7,460 crore through an Initial Public Offering that will hit the market by month-end as it got SEBI’s approval.

The IPO comprises of fresh issue worth Rs 5,000 crores and an offer for sale (OFS) worth Rs 2,460 crores to give exit to early investors in the start-up. The valuation for listing is around $6.5 billion that is being demanded by the company.

The logistic company headquartered in Haryana was established in 2011 by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati. A supply chain services company that provides services like warehousing, transportation, freight, and other services. Delhivery is India’s largest B2B, B2C, and C2C logistics courier services provider.

5 Key points about Delhivery IPO

  • The company has successfully fulfilled over 1 billion orders across India with a nationwide network with a presence in every state, serving over 17000 pin codes.
  • It has 21 automated sort centers, 86 gateways, 80+ fulfillment centers,  and a team of over 66000 people. The delivery processes are accessed 24 hours a day, 7 days a week, 365 days a year, the company quotes.
  • Delhivery is also all set to receive a $100 million investment from the American giant, FedEx Express.
  • The company provides supply chain solutions to a diverse base of over 21000 active customers such as e-commerce marketplaces, direct-to-consumer e-tailers, and enterprises and SMEs across several verticals such as FMCG, consumer durables, consumer electronics, lifestyle, retail, automotive, and manufacturing.
  • Delhivery has been the largest and fastest-growing, fully integrated services player in the country, in terms of revenue for FY21.

Delhivery IPO Promoters

  • A professionally managed company with no identified promoters.

Objectives of the issue

  • ₹25,000 million – fund organic growth initiatives.
  • ₹15,000 million – strategic plans and any other initiatives.

Company Financials

Particulars
(Crore)

Q1

FY21

FY20

FY19

Total Income

1,364.01

3,838.29

2,988.62

1,694.87

PAT

(129.58)

(415.74)

(268.92)

(1,783.30)

EPS (In rs)

(2.41)

(8.05)

(5.22)

(47.22)

EBITDA

(51)

(253.28)

(253.19)

(187.64)

Delhivery IPO Details

IPO Details Delhivery
Issue Period Opening Date: January 2022
Closing Date:   January 2022
Price Band ₹ – ₹ per equity share
Issue Size ₹7460 Cr
Face Value ₹1 per equity share
Issue Type Book built issue
Fresh Issue [.] Eq Shares of ₹11 face value
(aggregating up to ₹5,000 Cr)
Offer for sale [.] Eq Shares of ₹11 face value
(aggregating up to ₹2,460 Cr)
Listing NSE and BSE
Registrar Link Intime India Private Limited

DELHIVERY IPO

Delhivery IPO Timeline

Delhivery IPO issue date, issue price, allotment date, the listing date, and all the details will be announced soon.

IPO Opens To be announced
IPO Ends To be announced
Allotment Begins To be announced
Refund Initiation To be announced
Allotment Date To be announced
Listing Date To be announced

Delhivery IPO Lot Size (Retail Individual Investors)

Applications Lots Shares Amount(Cut-off)
Minimum
Maximum

Delhivery IPO Investor Category

Delhivery IPO has 10% of the net offer under the Retail Category.

QIB (Qualified Institutional Buyers) 75% of net offer
NII (Non-Institutional Investors) 15% of net offer
RII (Retail Individual Investors) 10% of net offer

Delhivery IPO GMP

Delhivery IPO has not yet started trading in the grey market. Currently, the GMP is zero and will be updated once it starts trading in the grey market.

Delhivery IPO Review

With huge data intelligence capability, Delhivery is the largest and fastest-growing chain in the country with higher revenue in FY21. They have a team of 474 engineers, data scientists, and product professionals that helps the company in offering services to a wide variety of customers. Termed as one of the most awaited IPO, the issue size is huge.

Delhivery IPO Book Running Lead Managers

  • Kotak Mahindra Capital Company Limited.
  • Morgan Stanley India Company Private Limited.
  • BofA Securities India Limited.
  • Citigroup Global Markets India Private Limited.

Delhivery IPO Registrar

Link Intime India Private Limited
C 101, 247 Park, L.B.S. Marg
Vikhroli (West)
Mumbai 400083
Maharashtra, India
Tel: +9122 4918 6200
E-mail: delhivery.ipo@linkintime.co.in
Website: www.linkintime.co.in
Company Contact Details

Delhivery Limited
Plot 5, Sector 44,
Gurugram,
Haryana – 122002
Website : www.delhivery.com

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