Company Highlights

About the Company

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 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.

Objective of the Issue

(i)   Funding organic growth.
(ii)   Funding inorganic growth through acquisition and strategic initiatives.
(iii)   General corporate purposes.

Business Strategy

(i)   Expand investments in infrastructure and network.
(ii)   Enhance our technology (software and hardware) capabilities.
(iii)  Externalise our logistics operating system.
(iii) Expand into high-growth international markets similar to India.
(iii) Pursue strategic alliances and select acquisition and investment opportunities.

Company Promoters

It is a professionally managed company with no identifiable promoters.