Delhivery IPO Date, Lot Size and Price band

Delhivery Ltd IPO, a logistics and supply chain startup, has set a price band of Rs. 462 to Rs. 487 per share for its initial public offering (IPO), valuing the business at Rs 35,283 crore at the top end of the range. On May 19, the basis for the Delhivery IPO will be set, and the shares will be credited to the demat account on May 23. On May 24, the company will go public on stock exchanges.

The OFS will also include Delhivery’s co-founders. Kapil Bharati would sell Rs 5 crore in shares, Mohit Tandon will sell Rs 40 crore in shares, and Suraj Saharan will sell up to Rs 6 crore in shares.

Delhivery IPO Date, Lot Size and Price Band

Delhivery IPO Details

Delhivery IPO Opening DateMay 11, 2022
Delhivery IPO Closing DateMay 13, 2022
Price BandRs. 462 to Rs. 487 per share
Lot Size30 Shares
Issue Size (Rs. Cr.)(To be announced) Eq Shares of Rs. 10 (aggregating up to Rs. 5,235 Cr)
Face ValueRs. 10 per equity share
Issue TypeBook Built Issue IPO
Exchange BoardBSE, NSE
Fresh Issue(To be announced) Eq Shares of Rs. 10 (aggregating up to Rs. 5,235 Cr)
Offer for Sale(To be announced) shares of Rs. 1 (aggregating up to Rs. 1,235.00 Cr)
QIB Shares OfferedNot less than 75% of the Net Offer
Retail Shares OfferedNot more than 10% of the Net Offer
NII (HNI) Shares OfferedNot more than 15% of the Net Offer
Basis of Allotment DateMay 19, 2022
Initiation of RefundsMay 20, 2022
Credit of Shares to Demat AccountMay 23, 2022
Delhivery IPO Listing DateMay 24, 2022

Delhivery IPO Date

The IPO of Delhivery is scheduled to start accepting subscriptions on May 11, 2022 and end on May 13, 2022. The stock sale is being handled by Kotak Mahindra Capital, Morgan Stanley India, Bofa Securities India, and Citigroup Global Markets.

Delhivery IPO Price

Delhivery Ltd, a logistics and supply chain startup, has set a price band of Rs. 462 to Rs. 487 per share for its initial public offering (IPO), valuing the business at Rs 35,283 crore at the top end of the range.

Delhivery IPO Issue Size and Lot Size

The company has reduced the size of its overall offer from Rs. 7,460 crore to Rs. 5,235 crore. It will now raise Rs 4,000 crore through a new issue and Rs 1,235 crore through a tender offer (OFS). The Delhivery IPO lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or Rs. 189,930).

Delhivery IPO Allotment Date and Listing Date

The basis for allotment will be on May 19, 2022, with the shares being credited to the demat account on May 23, 2022. On May 24, the company will list on stock exchanges.

About Delhivery Ltd. IPO

Delivery of express parcels and large products, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express, freight services, and supply chain software are all available through Delhivery. E-commerce return services, payment collecting and processing, installation and assembly services, and fraud detection are among the company’s value-added services. As of FY21, Delhivery is India’s largest and fastest-growing fully integrated logistics services company by revenue.

The company uses unique technological solutions to provide integrated Logistics services to a wide range of customers. It has approximately 80 apps for all supply chain processes in its technology stack.

In the six months ending June 30, 2021, the company created a statewide network, servicing 17,045 PIN numbers, or 88.3 percent of India’s 19,300 PIN codes.

As of June 30, 2021, the company’s 164-network infrastructure included 124 gateways, 20 automated sort centres, 83 fulfilment centres, 35 collection sites, 24 returns processing centres, 249 support centres, 120 intermediate processing centres, and 2,235 direct delivery centres. The company employs 474 people in engineering, data science, and product development. In e-commerce, consumer durables, electronics, lifestyle, FMCG, industrial goods, automotive, healthcare, and retail, the company offered a varied base of 21,342 active Customers.

Promoters of Delhivery IPO

Promoters of Delhivery IPO are Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan. 


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FAQs of Delhivery IPO

What is Delhivery IPO?

The Delhivery IPO is a main board IPO with a total of (To be announced) equity shares with a face value of Rs. 10 and a market capitalization of Rs. 5,235 crores. The issue’s price per equity share is Rs. 462 to Rs. 487 per share 30 shares are the minimum order quantity.

When Delhivery IPO will open?

The Delhivery IPO opens on 11 May 2022 and closes on 13 May 2022.

What is the lot size of Delhivery IPO?

The IPO lot size for Delhivery is 30 shares, and the minimum order amount is 30 shares.

How to apply for Delhivery IPO?

You can apply for the Delhivery Initial Public Offering (IPO) online utilising UPI or ASBA as a payment option. The ASBA IPO application can be found in your bank account’s net banking. Brokers who do not provide banking services provide the UPI IPO application.

When Delhivery IPO allotment?

The basis of allotment for the Delhivery IPO will be finalised on 19 May 2022, and the allotted shares will be credited to your demat account by 23 May 2022.

When is Delhivery IPO listing date?

The Delhivery IPO listing date is 24 May 2022. The tentative date of Delhivery IPO listing is 24 May 2022.

Who is the registrar of Delhivery IPO?

Link Intime India Private Ltd is the registrar for Delhivery IPO.

What is Delhivery IPO Price Band?

Delhivery IPO price band is Rs. 462 to Rs. 487 per equity share.