Connect with us

Delhivery IPO Detail

Delhivery Limited Logo

Delhivery (IPO) 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.

Competitive strengths:

  • Rapid growth, scale, and synergies across business lines
  • Proprietary logistics technology systems
  • Data intelligence capabilities
  • An integrated portfolio of logistics services
  • Asset-light business model enabling rapid scale up
  • An experienced and entrepreneurial team from diverse backgrounds

Company Financials:

ParticularsFor the year/period ended (₹ in million)
Total Assets84,294.8347,847.5645,977.9843,573.0840,625.45
Total Revenue49,114.0628,065.2938,382.9129,886.2916,948.74
Profit After Tax-8,911.39-2,974.92-4,157.43-2,689.26-17,833.04

Objects of the Issue:

The net proceeds from the IPO will be used for below purposes;

  1. Funding organic growth.
  2. Funding inorganic growth through acquisition and strategic initiatives.
  3. General corporate purposes.

Delhivery IPO Details

Delhivery IPO DateMay 11, 2022 to May 13, 2022
Delhivery IPO Face Value₹1 per share
Delhivery IPO Price₹462 to ₹487 per share
Delhivery IPO Lot Size30 Shares
Issue Size[.] shares of ₹1
(aggregating up to ₹5,235.00 Cr)
Fresh Issue[.] shares of ₹1
(aggregating up to ₹4,000.00 Cr)
Offer for Sale[.] shares of ₹1
(aggregating up to ₹1,235.00 Cr)
Employee DiscountRs 25 per share
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot less than 75% of the Net Offer
Retail Shares OfferedNot more than 10% of the Net Offer
NII (HNI) Shares OfferedNot more than 15% of the Net Offer
Company PromotersIt is a professionally managed company with no identifiable promoters.

Delhivery IPO Timeline (Tentative Timetable)

Delhivery IPO opens on May 11, 2022, and closes on May 13, 2022. The Delhivery IPO bid date is from May 11, 2022 10.00 A.M. to May 13, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.

Delhivery IPO Opening DateMay 11, 2022
Delhivery IPO Closing DateMay 13, 2022
Basis of AllotmentMay 19, 2022
Initiation of RefundsMay 20, 2022
Credit of Shares to DematMay 23, 2022
Delhivery IPO Listing DateMay 24, 2022

Delhivery IPO Lot Size

The Delhivery IPO lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹189,930).


IPO Prospectus

Company Contact Information

Delhivery Limited
N24-N34, S24-S34, Air Cargo Logistics Centre-II,
Indira Gandhi International Airport,
New Delhi 110037 Delhi, India
Phone: +91 124 6225602
Email: [email protected]

IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]

IPO Reviews / Ratings

Sorry, we couldn’t find any reviews, please check back later.

IPO Lead Manager(s)

  1. Kotak Mahindra Capital Company Limited 
  2. Morgan Stanley India Company Pvt Ltd 
  3. BofA Securities India Limited 
  4. Citigroup Global Markets India Private Limited