Delhivery IPO: Delivery company is bringing7400 crore IPO, papers submitted with SEBI
- ByStartupStory | November 3, 2021
Delhivery IPO: Supply chain giant Delhiveryhas filed papers with capital markets regulator SEBI to bring an IPO.
Delhivery IPO: There is good news for IPO investors.Supply chain giant Delhivery has filed papers with capital markets regulator SEBI to bring an IPO. According to the documents submitted to SEBI, this IPO can be around Rs7460 crore. Under this, the company will issue new shares worth Rs 5 thousand crore. Apart from this, according to the draft Red Herring Prospectus (DRHP) filed by the company, the existing shareholders will sell 2460 crore shares under the Offer for Sale (OFS).
Under Delhivery’s Rs 7460 crore IPO, new shares worth Rs 5 thousand crore will be issued.Under the OFS, the existing shareholders of the company will sell 2460 crore shares. Deli CMF PTELtd will sell shares worth Rs 400 crore, CA Swift Investmentsfor Rs 920 crore, SVF Doorbell (Cayman) Rs750 crore and Times Internet for Rs 330 crore. Apart from this, Kapil Bharti will sell shares worth Rs14 crore, Mohit Tandon Rs 40 crore and Suraj Saharanfor Rs 6 crore.
The e-commerce logistics company has a nationwide network. As per the data available till 30 June 2021, it provides services in 17045 Postal Index Numbers (PIN) Codes. In theJune 2021 quarter, it provided e-commerce marketplaces, direct-to-consumer-trailers and supply chain solutions to about 21342 active customers such as enterprises and SMEs. The Company provided solutions across FMCG, consumer durables,consumer electronics, lifestyle, retail, automotive and manufacturing verticals.
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