IPO

Delhivery Limited IPO

Mainboard

Logistics

Listed On: May 24, 2022 at ₹ 495.20(NSE)

₹ 14610 /30 Shares

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Price Summary

Last Closing

339.10 (-30.37%)

52 Week High

488.00

52 Week Low

325.50

Last Update

25-Nov-2024 3:30 PM

IPO Details

11 May, 2022

Open Date

13 May, 2022

Close Date

19 May, 2022

Allotment Date

24 May, 2022

Listing Date

Issue Price

₹462-487 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

495.20(NSE)

Listing Date

2022-05-24

Market Lot

30 Shares (₹14,610/-)

Lead Manager

Kotak Mahindra Capital Company Limited,Morgan Stanley India Company Pvt Ltd ,BofA Securities India Limited ,Citigroup Global Markets India Private Limited

Issue Size

Total 5235 Crores : 4000 Crores Fresh Issue + 1235 Crores OFS

Retail Portion

10% (Number of Retail Applications : 3,56,870 Approx)

Subscription

1.63 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIBNIIRetailEmployeeTotal
Shares Offered / Reserved33,863,66216,931,81811,287,878457,66562,541,023
Day 1 - 11-05-22 05:00 PM0.29 x0.010.30 x0.06 x0.21 x
Day 2 - 12-05-22 05:00 PM0.29 x0.010.40 x0.12 x0.23 x
Day 3 - 13-05-22 05:00 PM2.66 x0.300.57 x0.27 x1.63 x
Total No. of Applications: 173667 (Approx)

Valuations

Earnings Per Share (EPS)

₹(5.17)/-

P/E Ratio

N/A

RoNW

(14.66)%

Net Asset Value (NAV) - As on 31.12.21

₹93.19

Company Financials All values are in ₹ Cr.

30-Jun-2131-Mar-2131-Mar-2031-Mar-19
Assets6,582.194,597.794,357.304,062.54
Revenue1,364.013,838.292,988.621,694.87
Profit After Tax(-129.58)(-415.74)(-268.92)(-1,783.30)

About The 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.

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- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
Delhivery Limited5.23NA(14.66)%3,838
Blue Dart24.624624.7%3,288
TCI Express14.725333.9%844
Mahindra Logistics6.18998.25%4,083

- Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%


Company Promoter(s)

  1. It is a professionally managed company with no identifiable promoters.

IPO - Issue Objectives

  1. Funding organic growth.
  2. Funding inorganic growth through acquisition and strategic initiatives.
  3. 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 - 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. The size of Delhivery Limited IPO is Total 5235 Crores : 4000 Crores Fresh Issue + 1235 Crores OFS.

Ans. The IPO price band is set between ₹462-487 per equity share.

Ans. To apply for Delhivery Limited IPO 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 allotment status for Delhivery Limited IPO here.