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Open
11 May 2022
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Close
13 May 2022
3
Allotment
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Listing
Tue, May 24, 2022
Price Band
₹462 to ₹487
Issue Size
10,74,97,225 shares (agg. up to ₹5,235 Cr)
Lot Size
30 Shares
Listing Date
Tue, May 24, 2022
Latest GMP
₹-10
Est. Gain
-2.05%
✦ AI Insight
GMP Trend
24-05-2022₹-10Est. ₹477-2.05%
23-05-2022₹-5Est. ₹482-1.03%
22-05-2022₹-5Est. ₹482-1.03%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.33x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 8,429.48 | 4,597.80 | 4,357.31 | 4,062.55 |
| Total Income | 4,911.41 | 3,838.29 | 2,988.63 | 1,694.87 |
| Profit After Tax | -891.14 | -415.74 | -268.93 | -1,783.30 |
| EBITDA | -231.79 | -100.38 | -172.05 | -137.07 |
| NET Worth | 5,979.85 | 2,836.80 | 3,170.41 | 3,388.28 |
| Reserves and Surplus | 5,915.68 | 2,799.77 | 2,877.81 | 3,348.15 |
| Total Borrowing | 370.78 | 301.34 | 256.82 | 93.62 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| DJ Mediaprint & Logistics Ltd. | SME | ₹15.00 Cr | ₹125 | 32.22 | ₹241.70 | +93.36% | ₹106.68 (+1.37%) |
| Timescan Logistics (India) Ltd. | SME | ₹4.81 Cr | ₹51 | 10.87 | ₹86.10 | +68.82% | ₹42.35 (-4.94%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding organic growth initiatives | 2,000.00 |
| 2 | Building scale in existing business lines and developing new adjacent business lines | 160.00 |
| 3 | Expanding the network infrastructure | 1,360.00 |
| 4 | Upgrading and improving the proprietary logistics operating system | 480.00 |
| 5 | Funding inorganic growth through acquisitions and other strategic initiatives | 1,000.00 |
| 6 | General corporate purposes | 870.30 |
About Delhivery IPO
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,
Contact Details
Delhivery Ltd. AddressN24-N34, S24-S34, Air Cargo Logistics Centre-IIIndira Gandhi International AirportNew Delhi, New Delhi, 110037+91 124 6225602cscompliance@delhivery.comVisit Website