Delhivery, has come up with an initial public offer (IPO). It is likely to open on May 11-13, 2022 at Rs.462-487 a share. The IPO issue size is around Rs.5,235 crore. The minimum bid will be for 30 shares and in its multiples thereafter.
“Delhivery Limited” was incorporated on 22nd June 2011 in Delhi. It aims to build an operating system for commerce. Its business is guided by three operating principles: 1) People-centricity 2) Growth through partnership 3) Efficiency. The company provides a full range of logistics services, including express parcel delivery, heavy goods delivery, PTL freight, TL freight, warehousing, supply chain solutions, cross border express and freight services, and supply chain software, along with value-added services such as e-commerce return services, payment collection and processing, installation and assembly services and fraud detection. Delhivery is the fastest-growing fully-integrated logistics services player in India by revenue as of Fiscal 2021. It operates a pan-India network and provides our services in 17,488 PIN codes. The company serves a diverse base of 23,113 Active Customers across eCommerce, consumer durables, electronics, lifestyle, FMCG, industrial goods, automotive, healthcare, and retail.
The company is a professionally managed company and does not have any promoters
Strength & Weakness
Rapid growth and extensive scale
History of losses and negative cash flows
Vast data intelligence capabilities
Rely on network partners and 3rd parties
Proprietary logistics operating system
Highly fragmented industry
Network design and engineering
Strong & diverse customer base
All logistics facilities are leased
Highly qualified professional team
Macroeconomic & demographic risks
An integrated portfolio of logistics services
Certain contingent liabilities
Revenue (in Crore)
Profit (in Crore)
Object of Issue
1) Funding organic growth initiatives
2) Funding inorganic growth through acquisitions and other strategic initiatives
Great work and nice analysis..
Thank you, Sagar