Delhivery IPO Launch Date and GMP (Today)

Basic information about delhivery company

Delhivery is a logistics service company in india. Delhivery company was founded in 2011 and it is directed by sahil barua is the CEO of delhivery while Co-founder Kapil bharti is the CTO and has its headquarters in gurgaon, india. The company provides logistics services such as express parcel delivery, heavy goods delivery, part-truckload freight, truckload freight, warehousing, supply chain solutions, cross border express and freight services and supply chain software.

As of Fiscal 2021, Delhivery Ltd. (DL) is India’s largest and fastest-growing fully-integrated logistics services company by revenue. Over time, it has grown to a tremendous size and scale. It emphasises three essential principles: human centricity with in-house technology, infrastructure, and network, development through partnerships for third-party contracts, and scale efficiency with judicious cost management. It has a broad base of 23113 active clients as of December 31, 2021, and is rapidly expanding.

As of December 31, 2021, DL has 21 completely and semi-automated sortation centres and 82 gateways across India (excluding Spoton). As of December 31, 2021, it had a Rated Automated Sort Capacity of 3.70 million shipments per day. At gates in Tauru (Haryana), Bhiwandi (Maharashtra), and Bengaluru, the firm has automated material processing systems (Karnataka). This automation, in combination with system-directed floor operations, path expectation algorithms, and machine-vision guided truck loading systems, allows the facility’s workforce to be more productive and eliminate operational mistakes. As of December 31, 2021, it has a Pan-India network and provided services in 17,488 postal index number (“PIN”) codes, with 86184 team size and 3836 delivery stations. Its main activities are asset-light, employing third-party rented equipment.

Ecommerce return services, payment collecting and processing, installation and assembly services, and fraud detection are among the company’s value-added services. As of FY21, Delhivery is India’s largest and fastest-growing fully integrated logistics services corporation.

The firm uses unique technological solutions to provide integrated Logistics services to a wide range of clients. It has approximately 80 apps for all supply chain operations in its technological stack.

In the six months ending June 30, 2021, the business created a statewide network, servicing 17,045 PIN numbers, or 88.3 percent of India’s 19,300 PIN codes. As of June 30, 2021, the company’s 164-network infrastructure included 124 gateways, 20 automated sort centres, 83 fulfilment centres, 35 collection sites, 24 returns processing centres, 249 support centres, 120 intermediate processing centres, and 2,235 direct delivery centres. The firm employs 474 people in engineering, data science, and product development. E-commerce, consumer durables, electronics, lifestyle, FMCG, industrial products, automotive, healthcare, and retail were among the company’s 21342 active customers across commerce.

Competitive advantages

  • Rapid expansion, size, and cross-business synergy
  • Systems of proprietary logistics technology
  • Capabilities in data intelligence
  • A comprehensive set of logistical services
  • Asset-light business style allows for quick expansion
  • A diversified team of experienced and enterprising individuals

Objects of the issue

The net proceeds from the first public offering will be utilised for the following purposes:

  1. Organic growth funding.
  2. Acquisitions and strategic initiatives are used to fund inorganic growth.
  3. General business reasons.

Delhivery IPO Details Launch Date

Delhivery IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹5,235.00 Crores. The issue is priced at ₹462 to ₹487 per share. The minimum order quantity is 30 Shares.

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)
Offer for Sale[.] shares of ₹1
(aggregating up to ₹1,235.00 Cr)
Employee DiscountRs 25 per share
Issue Type
Book Built Issue IPO
Listing AtBSE, NSE
QIB Shares Offered

Retail Shares Offered

Company Promoters
Not less than 75% of the Net Offer

Not more than 10% of the Net Offer

It is a professionally managed company with no identifiable promoters.

Delhivery IPO Timeline

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.

Event Date

Delhivery IPO Opening Date May 11, 2022

Delhivery IPO Closing Date May 13, 2022

Basis of Allotment May 19, 2022

Initiation of Refunds May 20, 2022

Credit of Shares to Demat May 23, 2022

Delhivery IPO Listing Date May 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).

Application Lots Shares Amount

Minimum 1 30 ₹14,610

Maximum 13 390 ₹189,930

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