Company
Profile
A
full-fledged range of logistics services is well defined by Delhivery
Ltd. The company has covered everything from express deliveries to
heavy goods, PTL freight to TL freight, Warehousing, supply chain
solutions, supply chain software, freight services, and cross-border
deliveries. In India, Delhivery Ltd. is recognized as one of the
largest and fastest-growing integrated logistics service companies
for FY21 based on its revenue.
Apart
from the core logistics business, it also deals in e-commerce return
services. Collection of payment & processes, fraud detection, and
assembly services. For rendering these services, the company holds a
tech stack of 80 applications to serve its customers.
Business
Information
So
far, Delhivery Ltd. has covered 17,045 PIN codes till June 30, 2021,
which is 88.3% of the total PIN codes in the country. While
describing its chain of business in India, it has 249 service
centers, 120 intermediate processing centers, 2,235 direct delivery
centers, 35 collection points, 83 fulfillment centers, 20 automated
centers, and 124 gateways. The company has an existing customer base
of 21,342 customers from different sectors like e-commerce,
electronics, FMCG, automotive, etc.
Facts
about the Company
Delhivery
has 86 gateways that close almost 4 million shipments on the daily
basis.
The
company is currently having 20 fully automated centers.
The
startup has also built a very asset-light operation model as
compared to its competitors.
It
also works on detecting frauds and identifying products for smooth
delivery and logistics services to its customers.
Points
to note before investing in Delhivery Ltd. IPO
Delhivery’s
strength lies in having a dynamic employee base which helps the
company in quick response to all of its operations.
It
has a team of 474 engineers, data scientists, and product
professionals who help the company in setting day-to-day tasks
efficiently and effectively.
The
data intelligence capabilities are marked phenomenal of the company
It
also has proprietary logistics technology systems that help in the
smooth functioning of the business processes.
Its
growth, rapid scaling, and synergies are all accessible due to the
Asset-light business model.
Another
important thing to note is its integrated portfolio of logistics and
supply chain services.
Objectives of the IPO
To
do the funding for organic growth initiatives
To
keep some funds aside for strategic and other initiates.
Benefits
to the Employees
The
employees discount for Delhivery IPO is ₹25 per share where the
Qualified Institutional Investors can hold not less than 75% of the
net offer, the retail investors would hold up to 10% and the NII
(HNI) can hold up to 15% of the net offer.
Opening
Date | May
11, 2022 |
Closing
Date | May
13, 2022 |
Issue
Type | Book
Built Issue IPO |
Face
Value | ₹1
Per Equity Share |
Issue
Price | ₹462-487
Per Equity Share |
Lot
Size | 30
Shares |
IPO
Price | ₹5235 Cr |
Listing
At | NSE,
BSE |
Allotment,
Listing & Refund Details
Finalization
of Basis of Allotment | May
19, 2022 |
Initiation
of Refunds | May
20, 2022 |
Credit
of Equity Shares | May
23, 2022 |
Listing
Date | May
24, 2022 |
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