Delhivery IPO - Dominant Player In Express Logistics Segment: ICICI Direct

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct's Report.Delhivery is the largest and fastest growing fully-integrated logistics player in India by revenues. The company provides a full-range of logistics services which can lead to a higher share of wallet and customer retention. Delhivery has a diverse base of 23,113 active customers (ex-Spoton) across e-commerce, consumer durables, electronics, lifestyle, fast moving consumer goods, industrial goods, automotive, healthcare and retail products.Integration with customers’ enterprise resource planning systems and business processes have led to customer stickiness. In the first half of FY22, ~65% of its revenues were from customers who have been transacting with it for over three years.Strong data processing and analysis and technological capabilities enable it to respond quickly to changes in the operating environment and capture higher market share..Click on the attachment to read the full IPO report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Delhivery IPO - Dominant Player In Express Logistics Segment: ICICI Direct

Delhivery IPO - Dominant Player In Express Logistics Segment: ICICI Direct

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