Delhivery IPO to Open From May 11 to May 13: All You Need To Know

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Delhivery IPO to Open From May 11 to May 13: All You Need To Know

June 24, 2022
Delhivery IPO to Open From May 11 to May 13: All You Need To Know

Delhivery Limited is coming out with a fresh public issue to raise Rs 5235 crores from the market.

Key details of the issue:

  • Issue opens – May 11 (Wednesday)
  • Issue closes – May 13 (Friday)
  • Issue size – Rs 5235 crores
  • Price band – Rs 516 to 542 per equity share
  • Bid lot – 30 shares and in multiples thereof

And here are some details of the company and further details on the Delhivery Limited issue.

Company details:

·       Delhivery Limited aim to build the operating system for commerce. Their business is guided by three operating principles:

a)     People-centricity:

Their infrastructure, network and technology enable them to solve supply-chain problems that affect millions of people every day.

b)     Growth through partnership:

They believe that systemic change requires cooperation and collaboration. Their infrastructure and technology capabilities are designed to be accessible to their partners in India and around the world.

c)      Efficiency, always:

Saving money for their customers allows them to do more with what they have. They strive relentlessly for efficiency and for new ways to reduce costs throughout the supply chain.

·        They were the largest and fastest growing fully-integrated logistics services player in India by revenue as of Fiscal 2021. Their mission is to enable customers to operate flexible, reliable and resilient supply chains at the lowest costs.

·        They provided supply chain solutions to a diverse base of 23,113 Active Customers (excluding those serviced by Spoton) 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, for the nine months period ended December 31, 2021.

Issue size: Rs 5235 crores


Employee Reservation

432900  Equity shares ( Net Rs. 20 crores).

Employee Discount

Rs. 25/- per share


Issue break-up:

  • QIB – 75% of the offer – Rs 3911.25 crores
  • NIB – 15% of the offer – Rs 782.25 crores
  • RET – 35% of the offer – Rs 521.50 crores

Listing: NSE and BSE

Registrar: Link Intime India Private Limited

UPI: All retail applications through brokers are compulsorily in UPI mode

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