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.
The Delhivery IPO lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹189,930).
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.
The net proceeds from the IPO will be used for below purposes;
| IPO Opening Date | May 11, 2022 |
|---|---|
| IPO Closing Date | May 13, 2022 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 Equity Share |
| IPO Price | ₹462 to ₹487 per share |
| Market Lot | 30 Shares |
| Min Order Quantity | 30 Shares |
| Listing At | BSE, NSE |
| 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 Discount | ₹25 per share |
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
| Basis of Allotment Date | May 19, 2022 |
|---|---|
| Initiation of Refunds | May 20, 2022 |
| Credit of Shares to Demat Account | May 23, 2022 |
| IPO Listing Date | May 24, 2022 |
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.
The Delhivery IPO opens on May 11, 2022 and closes on May 13, 2022.
Delhivery IPO lot size is 30 Shares and the minimum order quantity is 30.
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.
The finalization of Basis of Allotment for Delhivery IPO will be done on May 19, 2022, and the allotted shares will be credited to your demat account by May 23, 2022.
Check the IPO allotment status.
The Delhivery IPO listing date is not yet announced. The tentative date of Delhivery IPO listing is May 24, 2022.
To Bid online, you need
Demat Account and Pan card.
Login to SMC account and
select the Delhivery IPO
Enter UPI Id & Mobile number
Place your number of bids
with the exchange
A UPI mandate is sent to your
UPI App to block your funds.
