New Delhi: Delhivery The supply chain company has submitted an initial paper with a capital market regulator Sebi to collect RS 7,460 Crore through an initial public offering (IPO).
IPO consists of issuance of fresh equity shares worth RS 5,000 crore and offers for sale (ofs) component of Rs 2,460 Crore by existing shareholders, according to the draft Red Herring Prospectus (DRHP).
As part of OFS, Deli CMF Pte Ltd will sell shares worth RS 400 Crore, CA Swift Investments will sell shares to the Tone of Rs 920 Crore, SVF Bell (Cayman) Ltd will develop shares worth 750 crores and times selling shares worth Rs 330 Crore.
In addition, Kapil Bharati will burden the shares worth RS 14 Crore, Mohit Tandon RS 40 Crore and Suraj Sahara RS 6 Crore.
The results of fresh problems will be used to fund organic growth initiatives, fund inorganic growth through acquisition and other strategic initiatives and for the company’s general purposes.
E-commerce logistics companies operate the Pan-India network and provide services in the code 17,045 post index code (PIN), on June 30, 2021.
It provides a supply chain solution for a diverse base of 21,342 active customers such as e-commerce markets, e- Tailers and e-to-consumer and SME companies in several verticals such as FMCG, consumer durability, consumer electronics, lifestyle, retail, automotive and manufacturing, within three months ending June 30, 2021.
Mahindra Capital Company Box, Bofa Securities India , Morgan Stanley India Company and Citigroup Global Markets India is a book that runs the main manager for this problem.
In May, Delhivery announced that it collected $ 275 million (around Rs 1,995 Crore) in the main funding round, led by loyalty management and research companies.
With this capital, Delhivery assessment is expected to rise to more than $ 3 billion.