Ticker > IPO > New Listed IPO > Delhivery Ltd.

Delhivery Ltd. IPO

The company provides express parcel transportation, PTL and TL freight, cross-border and supply chain services to over 21000 customers, including large & small e-commerce participants, SMEs, and other leading enterprises & brands

RHP

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DRHP

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Open Date

2022-05-11

Close Date

2022-05-13

IPO Details

Check out the issue details for Delhivery Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 487

Price Band

₹ 462 - 487

Issue Size

5235 Cr.

Issue Type

Book Built

Open

2022-05-11

2022-05-13

Listingprice

₹ 495.2

ListingGain

1.68%

Listing Date

2022-05-24

CMP

₹ 457.65

Current Return

-6.03%

News

CPPIB divests stake in Delhivery25 Apr, 4:11PM Delhivery informs about disclosure 16 Apr, 10:52AM Delhivery informs about grant of stock options2 Mar, 4:18PM Delhivery extends partnership with Plix27 Feb, 4:29PM Delhivery - Quaterly Results2 Feb, 4:39PM Delhivery - Quaterly Results2 Feb, 4:39PM Delhivery - Quaterly Results2 Feb, 4:39PM Delhivery deploys OS1 for Akshaya Patra24 Jan, 12:10PM Delhivery informs about press release 24 Jan, 12:10PM Delhivery informs about press release20 Dec, 4:35PM Delhivery launches largest mega-gateway in Bhiwandi20 Dec, 4:07PM Delhivery informs about disclosures 22 Nov, 4:50PM Softbank divests 2.5% stake in Delhivery 20 Nov, 4:47PM Delhivery gets nod to acquire additional stake in Falcon Autotech4 Nov, 5:07PM Delhivery - Quaterly Results4 Nov, 3:16PM Delhivery - Quaterly Results4 Nov, 3:16PM Delhivery - Quaterly Results4 Nov, 3:16PM Delhivery informs about press release19 Oct, 12:48PM Delhivery informs about certificate16 Oct, 5:25PM Delhivery, AWS, Nexus Ventures to launch Velocity to propel startups in logistic ecosystem26 Sep, 12:32PM

IPO Analysis Video

Watch this video to get all the information you need to make a rational decision.

Company Financials

You can get the following financial statements of Delhivery Ltd. as of now.

Company Name

Delhivery Ltd.

Exchange

NSE: DELHIVERY BSE: 543529

Profit Loss

Balance Sheet

Quarterly

Shareholding

Cash Flow

Subscription Details

The details about the Delhivery IPO is as:

The issue size of the IPO is 5235 Cr.
The price band for Delhivery IPO is Rs 462 - 487.
The shares of Delhivery IPO will list on 24rth May 2022.
The latest tentative GMP of Delhivery IPO is Rs 4.
The Shares of Delhivery IPO have been subscribed 1.63 Times as of 13th May 2022.

Delhivery IPO Valuation

The approx valuation of Delhivery IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars	Value
Upper Price Band	Rs 487
Existing Shares (Qty)	64.2 Cr
Fresh Issue (Amount)	4000 Cr
Market Cap	35265 Cr
EPS	Rs -8.05
Industry PE	112.21x

Delhivery IPO Issue Size

Delhivery IPO issue size is 5235 Cr.

Issue	Amount
Fresh Issue	4000 Cr
Offer For Sale	1235 Cr

Delhivery IPO Market Lot

An Individual can apply for a minimum 1 lot of 30 shares and a maximum of 14 lots of 390 shares. Find the details below:

Application	Lot	Shares	Amount
Minimum	1	30	Rs 14,610
Maximum	13	390	Rs 1,89,930

Delhivery IPO Offer

The Shares of Delhivery IPO have been subscribed 1.63 Times as of 13th May 2022. The category-wise shares subscription are as follows:

Category	% Offered	Subscription
Qualified Institutional	Minimum 75%	2.66 Times
Non-Institutional	Maximum 15%	0.30 Times
Retail Individual	Maximum 10%	0.57 Times
Employee	20 Cr Shares	0.27 Times
Total		1.63 Times

Delhivery IPO Grey Market Premium

As on	GMP (Tentative)
8 May 2022	Rs 3
9 May 2022	Rs 5
10 May 2022	Rs 3
11 May 2022	Rs 4

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

Allotment Details

Find below the dates for Delhivery IPO:

Schedule	Date
Basis of Allotment	19 May 2022
Refunds	20 May 2022
Credit to Demat Account	23 May 2022
IPO Listing Date	24 May 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Net Sales	1653.83	2777.45	3499.78	5911	6658.66
Total Expenditure	3352.32	2946.86	3548.28	6370.13	7047.51
Operating Profit	-1698.49	-169.41	-48.49	-459.13	-388.85
Other Income	41.14	208.98	199.39	169.86	331.17
Interest	18.79	49.19	88.55	93.89	86.35
Depreciation	92.2	254.38	353.12	478.17	656.97
Exceptional Items	-12.7	-20.13	-65.53	-2.19	-11.31
Profit Before Tax	-1781.04	-284.13	-356.3	-863.52	-812.3
Provision for Tax	0	0	0	0	0
Net Profit	-1781.04	-284.13	-356.3	-863.52	-812.3
Adjusted EPS (Rs.)	-18.58	-2.93	-2.18	-1.34	-1.11

Balance Sheet (All Figures are in Crores.)

Particulars	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Equity and Liabilities
Share Capital	40.13	40.14	37.03	64.21	72.87
Total Reserves	3380.85	3121.53	2860.41	6092.93	9497.46
Borrowings	35.62	99.81	131.61	113.94	114.41
Other N/C liabilities	-33.18	403.67	675.2	604.75	575.72
Current liabilities	298.19	678.93	917	1254.66	1241.49
Total Liabilities	3721.62	4344.08	4621.25	8130.5	11501.93
Assets
Net Block	188.54	739.66	1048.93	1436.86	1536.12
Capital WIP	0.87	26.72	76.53	58.42	21.54
Intangible WIP	0	0	0.24	1.5	1.94
Investments	30.06	386.13	455.16	2245.22	2463.44
Loans & Advances	39.52	148.07	192.83	212.28	425.97
Other N/C Assets	179.49	481.51	21.68	309.84	266.6
Current Assets	3283.14	2561.99	2825.89	3866.38	6786.33
Total Assets	3721.62	4344.08	4621.25	8130.5	11501.93

* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Other Income	93.24	78.36	106.22	107.21	138.85
Profit Before Tax	-165.99	-117.5	-55.11	-69.55	52.97
Tax	0	0	0	0	0
Profit After Tax	-165.99	-117.5	-55.11	-69.55	52.97
Adjusted EPS (Rs)	-2.28	-1.61	-0.75	-0.95	0.72

Cash Flows (All Figures are in Crores.)

PARTICULARS	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Profit from operations	-1781.04	-284.13	-356.3	-863.52	-812.3
Adjustment	1638.02	228.13	464.92	1128.83	788.33
Changes in Assets & Liabilities	-171.19	-542.08	-77.87	-699.25	42.91
Tax Paid	-22.86	-45.11	-17.3	-7.01	-71.52
Operating Cash Flow	-337.07	-643.19	13.46	-440.95	-52.59
Investing Cash Flow	-934.95	-934.23	285.55	-2894.76	-3416.17
Financing Cash Flow	2927.19	-16.68	-111.72	3246.67	3556.61
Net Cash Flow	1655.17	-1594.1	187.29	-89.05	87.85