IPO · Mobility & Logistics

Delhivery completes its initial public offering on the NSE

By Startup Enthusiast · 12 September 2026

What they do

Delhivery provides logistics, parcel delivery, and supply chain solutions across India

The company raised ₹5,235 crore through an IPO consisting of a fresh issue and an offer for sale

The funds will support organic growth, strategic acquisitions, and general corporate purposes for the logistics firm

Delhivery launched its initial public offering (IPO) on the National Stock Exchange in May 2022.
The total issue size reached ₹5,235 crore through a combination of new and existing shares.
The company issued 82,137,328 new shares to raise ₹4,000 crore for business expansion.
Existing shareholders sold 25,359,897 shares in an offer for sale worth ₹1,235 crore.
The final offer price was set at ₹487 per share for public investors.
Employees received a reservation of 432,900 shares with a discount of ₹25 per share.

The IPO represents a significant milestone for the company as it transitions to a publicly traded entity.
The capital raised provides the company with resources to pursue both organic and inorganic growth strategies.
The offering accounted for approximately 14.84% of the company's total post-offer paid-up capital.

Delhivery operates as a logistics and supply chain services provider.
The company manages parcel delivery and complex supply chain operations for various clients.
It maintains a registered office in Vikhroli West, Mumbai.
The business focuses on scaling its infrastructure to support e-commerce and industrial logistics.

The company plans to use the proceeds for organic growth initiatives.
The company intends to pursue inorganic growth through acquisitions and strategic initiatives.
The company will allocate remaining funds toward general corporate purposes.

Deli CMF Pte. Ltd. (seller) — Institutional shareholder selling shares in the offer for sale.
CA Swift Investments (seller) — Institutional shareholder selling shares in the offer for sale.
SVF Doorbell (Cayman) Ltd (seller) — Institutional shareholder selling shares in the offer for sale.
Times Internet Limited (seller) — Institutional shareholder selling shares in the offer for sale.