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KRChoksey Research's IPO Report
Delhivery Ltd. was incorporated on June 22, 2011. Delhivery is the largest and fastest growing fully-integrated logistics services player in India by revenue as of fiscal 2021.
Delhivery provided supply chain solutions to a diverse base of 23,113 active customers such as e-commerce marketplaces, e-tailers and enterprises and small and medium enterprises across several verticals.
The company operated 21 fully and semi-automated sortation centres and 82 gateways across India (excluding Spoton) as of December 31, 2021.
Delhivery operates a pan-India network and provide services in 17,488 postal index number codes, as of December 31, 2021 covering 90.61% of the 19,300 PIN codes in India.
The company is a professionally managed and does not have an identifiable promoter in terms of Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Regulations and the Companies Act. Consequently, there are no members forming part of the ‘promoter group’ in terms of the SEBI ICDR Regulations.
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