FREE Account Opening + No Clearing Fees
Loading...

Delhivery Limited IPO (Delhivery IPO) Detail

May 11, 2022 - May 13, 2022

Delhivery IPO is a book built issue of Rs 5,235.00 crores. The issue is a combination of fresh issue of Rs 4,000.00 crores and offer for sale of Rs 1,235.00 crores.

Delhivery IPO bidding started from May 11, 2022 and ended on May 13, 2022. The allotment for Delhivery IPO was finalized on Thursday, May 19, 2022. The shares got listed on BSE, NSE on May 24, 2022.

Delhivery IPO price band is set at ₹462 to ₹487 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹14,610.

The issue includes a reservation of up to 457,665 shares for employees offered at a discount of Rs 25 to the issue price.

Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd, Bofa Securities India Limited and Citigroup Global Markets India Private Limited are the book running lead managers of the Delhivery IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Delhivery IPO RHP for detailed information.

Delhivery IPO Details

IPO Date May 11, 2022 to May 13, 2022
Listing Date May 24, 2022
Face Value ₹1 per share
Price Band ₹462 to ₹487 per share
Lot Size 30 Shares
Total Issue Size[.] shares
(aggregating up to ₹5,235.00 Cr)
Fresh Issue[.] shares
(aggregating up to ₹4,000.00 Cr)
Offer for Sale[.] shares of ₹1
(aggregating up to ₹1,235.00 Cr)
Employee Discount Rs 25 per share
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Delhivery IPO Reservation

Delhivery IPO offers 62,541,023 shares. 33,863,662 (54.15%) to QIB, 16,931,818 (27.07%) to NII, 11,287,878 (18.05%) to RII, 457,665 (0.73%) to employees. 376,262 RIIs will receive minimum 30 shares and (sNII) and (bNII) will receive minimum 420 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered33,863,662 (54.15%)NA
NII (HNI) Shares Offered16,931,818 (27.07%)
Retail Shares Offered11,287,878 (18.05%)376,262
Employee Shares Offered457,665 (0.73%)NA
Total Shares Offered62,541,023 (100%)

Delhivery IPO Timeline (Tentative Schedule)

Delhivery IPO opens on May 11, 2022, and closes on May 13, 2022.

IPO Open Date Wednesday, May 11, 2022
IPO Close Date Friday, May 13, 2022
Basis of Allotment Thursday, May 19, 2022
Initiation of Refunds Friday, May 20, 2022
Credit of Shares to Demat Monday, May 23, 2022
Listing Date Tuesday, May 24, 2022
Cut-off time for UPI mandate confirmation 5 PM on May 13, 2022

Delhivery IPO Lot Size

Investors can bid for a minimum of 30 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 30 ₹14,610
Retail (Max) 13 390 ₹189,930
Lot Size Calculator

About Delhivery Limited

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.

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

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
  31-Dec-21 31-Dec-20 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 84,294.83 47,847.56 45,977.98 43,573.08 40,625.45
Total Revenue 49,114.06 28,065.29 38,382.91 29,886.29 16,948.74
Profit After Tax -8,911.39 -2,974.92 -4,157.43 -2,689.26 -17,833.04

Key Performance Indicator

The market capitalization of Delhivery IPO is Rs 35283.22 Cr.

Pre IPO Post IPO
P/E (x) -67.3

Objects of the Issue (Delhivery IPO Objectives)

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 Review (May apply)

[Dilip Davda]  With continued losses, its IPO is priced with a negative P/E. Special accounting provisions kept its bottom lines in red for all these years despite growth in top lines. However, considering it's improving adjusted EBITDA margins (from -11.35% for FY19 to -0.72% for 9MFY22) DL is on the verge of turning the corner in the near term. Though its IPO is priced very aggressively, considering its growth plans and bright prospects ahead, this is a pure long term “High Risk – High Yield” bet. Cash surplus/risk seeker well-informed Investors may consider parking of funds. Read detail review...


Delhivery IPO Subscription Status (Bidding Detail)

The Delhivery IPO is subscribed 1.63 times on May 13, 2022 5:00:00 PM. The public issue subscribed 0.57 times in the retail category, 2.66 times in the QIB category, and 0.30 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB2.66
NII0.30
Retail0.57
Employee0.27
Total1.63

Delhivery IPO Prospectus

Delhivery IPO Rating

624
2.6
Rating:Rated 2.6 stars
Vote Here ...

Delhivery IPO Listing Details

Listing Date May 24, 2022
BSE Script Code 543529
NSE Symbol DELHIVERY
ISIN INE148O01028
Final Issue Price ₹487 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹487.00
₹493.00
₹474.00
₹568.90
₹537.25
NSE
₹487.00
₹495.20
₹467.50
₹568.90
₹536.35

Check IPO Performance…

Delhivery Limited Contact Details

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: cscompliance@delhivery.com
Website: https://www.delhivery.com/

Delhivery IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: delhivery.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Delhivery IPO FAQs

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.

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.

Zerodha customers can apply online in Delhivery IPO using UPI as a payment gateway. Zerodha customers can apply in Delhivery IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Delhivery IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Delhivery IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Delhivery IPO opens on May 11, 2022 and closes on May 13, 2022.

Delhivery IPO lot size is 30 Shares, and the minimum amount required is ₹14,610.

You can apply in Delhivery IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Delhivery IPO will be done on Thursday, May 19, 2022, and the allotted shares will be credited to your demat account by Monday, May 23, 2022. Check the Delhivery IPO allotment status.

The Delhivery IPO listing date is on May 24, 2022.
Open an Instant Account with Zerodha

Delhivery IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

423 Comments

196. rsk |   Link |  Bookmark |June 2, 2022 8:30:11 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Fir se mitti khai
195. Chem cho |   Link |  Bookmark |May 24, 2022 10:13:40 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
rs 534 bye
195.1. Small Investor |   Link |  Bookmark |May 24, 2022 10:20:45 AM
IPO Guru IPO Guru (2100+ Posts, 1100+ Likes)
TODAY MAY BE HIT UC
195.2. Chem cho |   Link |  Bookmark |May 25, 2022 9:43:49 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
Those who sold above Rs 534 to 568 good luck
today going down now Rs 505 low 9.43 am 25/5/22
194. The Nest |   Link |  Bookmark |May 24, 2022 8:33:14 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Guys..Be Ready for good listing gain..
194.3. The Nest |   Link |  Bookmark |May 24, 2022 11:41:01 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Me Delihvery ka hi bat kar raha tha....

If you don't know Market than you have no right to Laughing on any one...
194.4. CheckerCheck |   Link |  Bookmark |May 24, 2022 8:31:34 PM
Yup, it surprised, I had low hopes.
193. 🎯 Big Bull 🎯 |   Link |  Bookmark |May 24, 2022 4:56:08 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
If QIB cant sell their holdings....itna volume kaha se aaya or kon Absorb kiya ??
193.1. Divya. |   Link |  Bookmark |May 24, 2022 5:46:51 PM
Stock operators.
193.2. rsk |   Link |  Bookmark |May 24, 2022 8:15:54 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Lock in for anchors only. QIB can sell
192. Dinesh Singh |   Link |  Bookmark |May 24, 2022 11:48:44 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Sold all lot @ 543.
Rainbow loss recovered.
Holding Venus.
192.2. AvinashUppalapati |   Link |  Bookmark |May 24, 2022 5:07:23 PM
good risk taking capability.
192.3. Trueinfo |   Link |  Bookmark |May 24, 2022 7:27:58 PM
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)
@ dinesh, great
191. Vultureee |   Link |  Bookmark |May 24, 2022 7:26:07 PM
IPO Mentor IPO Mentor (500+ Posts, 300+ Likes)
Surprise Listing. Not Expected. Risk Takers won in this IPO. Congratulations to all those who made money.
190. Psingal |   Link |  Bookmark |May 24, 2022 7:04:35 PM
Unexpected surprise listing gain. Congratulations to all those who took risk and got rewarded
189. DSR |   Link |  Bookmark |May 24, 2022 12:57:16 PM
So basically both Delhivery and Venus pipes were deeply undervalued share..which deserved premium and hence rallying.. and stocks like HUL, TCS INFY are overvalued junk stocks which needed to be sold...

Hmmm 🤔
189.1. Divya. |   Link |  Bookmark |May 24, 2022 4:29:50 PM
Dsr trap ho gaya hai.
188. rsk |   Link |  Bookmark |May 24, 2022 3:25:47 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Board meeting on 30/5. Most likely will be profitable.
188.1. Ravu |   Link |  Bookmark |May 24, 2022 3:43:49 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Do you meant PAT will be positive , cover all losses ?
187. Earthking |   Link |  Bookmark |May 24, 2022 10:07:44 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
So somehow my theory worked ... kept sell order at 502 ... all got executed ...
sold close to 6lakh worth shares from 4 account ...
187.1. Ravu |   Link |  Bookmark |May 24, 2022 12:52:22 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Congrats !! Your theory worked.
It is now flying , may be a UC.
186. Regulagedda Ambica Prasad |   Link |  Bookmark |May 24, 2022 12:32:31 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Made only one application and got one lot allotted. Listing gain is more than expected.
185. rsk |   Link |  Bookmark |May 24, 2022 12:20:56 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Retailers are very brave people!?? did not buy at IPO price but will buy at 530+ to get trapped?
Or Retailers were smart people they ignored the IPO to teach delhivery a lesson.
Seem to behave with heard mentality.
184. ipobull |   Link |  Bookmark |May 24, 2022 11:35:06 AM
IPO Guru IPO Guru (1000+ Posts, 1000+ Likes)
All who have got listing gains, exit at the earliest, else you shall repent. Its operators playing to trap retail.
183. Rajkot Special |   Link |  Bookmark |May 24, 2022 11:19:48 AM
After decent listing of
Venus pipe & delhivery ipo
Paradeep GMP will up Rs.5
182. Hostpacker |   Link |  Bookmark |May 23, 2022 7:54:52 PM
10-15% listing gain is possible on listing day.
182.2. CheckerCheck |   Link |  Bookmark |May 24, 2022 7:45:37 AM
Best to exit with listing gain right?
182.3. Hostpacker |   Link |  Bookmark |May 24, 2022 11:15:18 AM
But I sold all at 540.
181. IntellectualInvestor |   Link |  Bookmark |May 24, 2022 5:31:46 AM
Listing would be below 400

Anyone who has referred RHP, risks mentioned are worth having look
Company is another cash burning adventure like Paytm and Zomato

Way to gain :
1)Purchase in huge dip on listing below 350/-
2) Don't hold for long
3) Book profit even of 10% on same or next day
181.1. Chirdhar |   Link |  Bookmark |May 24, 2022 10:52:29 AM
What happened sir?
180. Arjun Rajkot |   Link |  Bookmark |May 24, 2022 10:52:02 AM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
Good listing
179. rsk |   Link |  Bookmark |May 24, 2022 10:24:40 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Time and again people fall on face.

Very High Tech Supply Chain Logistic Co.
178. Ajaysinh Jadeja |   Link |  Bookmark |May 24, 2022 9:46:28 AM (200+ Posts)
*IPO PRICE SETTLED IN PRE MATCHING*

*DELHIVERY LTD IPO*
ISSUE PRICE: Rs 487.00

LISTING PRICE

BSE: Rs 493.00
NSE: Rs 495.20

*IPO PRICE SETTLED IN PRE MATCHING*

*VENUS PIPES IPO*
ISSUE PRICE: Rs 326.00

LISTING PRICE

BSE: Rs 335.00
NSE: Rs 337.50
177. IPO MILNE WALA HAI |   Link |  Bookmark |May 24, 2022 9:28:32 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
https://www1.nseindia.com/live_market/dynaContent/live_analysis/sml/smlOrderBook.jsp?param=DELHIVERYEQG&symbol=DELHIVERY