Delhivery Share Price

Delhivery Limited was incorporated as SSN Logistics Private Limited, under Companies Act, 1956, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana, at New Delhi (RoC) on June 22, 2011. Subsequently, name of the Company was changed to Delhivery Private Limited, pursuant to a fresh Certificate of Incorporation issued by the RoC on December 8, 2015. On conversion of the Company to a Public Limited Company, pursuant to a Resolution passed by the Shareholders on September 29, 2021, name of the Company got changed to Delhivery Limited and a fresh Certificate of Incorporation dated October 12, 2021 was issued by the RoC.The Company provide a fullrange of logistics services, including express parcel and heavy goods delivery, parttruckload freight (PTL), truckload freight (TL), warehousing, supply chain solutions, cross border express and freight services and supply chain software, along with value added services, such as ecommerce return services, payment collection and processing, installation and assembly services and fraud detection. Apart from this, the Company provided supply chain solutions to a diverse base of 33,200 Active Customers such as ecommerce marketplaces, directtoconsumer etailers and enterprises and SMEs across several verticals such as FMCGs, consumer durables, consumer electronics, lifestyle, retail, automotive and manufacturing.The team of 474 engineering, data and product professionals have built proprietary technology systems that enabled the Company to offer integrated logistics services to customers while remaining assetlight and ensuring service quality and efficiency. The technology stack orchestrates network infrastructure and consists of more than 80 applications that encompass all supply chain processes including order management, warehouse management, transportation management, financial transactions such as billing and remittance, tracking andsupply chain analytics.The integration of technology platform with physical network and its operations enables the Company to provide comprehensive supply chain solutions to a wide range of customers. Its express parcel delivery network, which serviced 18,793 PIN codes is capable of handling consignments of up to 10 kilograms with sameday and nextday capabilities and 4896 hour deliveries for longdistance orders. Besides this, the Company provide valueadded services such as reverse logistics for returns with quality inspection and product replacement services. It provide personspecific deliveries involving delivery to a specified person after validating the persons identity addressspecific deliveries involving delivery to an address specified by the shipper (and not the recipient) and timespecific delivery involving delivery within a time slot provided by the recipient. In addition, the Company offer cash on delivery (CoD) and other modes of payment on delivery.In 2011, the Company launched Transportation Management System (TMS).In 2013, the Company commenced the business for fulfillment centres. In 2014, the Company launched network design tool, Netplan product.In 2015, the Company launched address resolution engine, Addfix. The Company launched automated sort centres in its network. Apart from this, the Company established a fullfledged selfmanaged express surface linehaul network to service its volume. In 2016, the Company commenced part truckload services (PTL service offering). The Company launched Constellation program. The Company also hired from time to time to provide last mile delivery services.In 2018, the Company commenced Truckload services (TL service offering). The Company also commenced cross border service offering The Company launched PaaS (Platform as a Service) as a soft launch in Sri Lanka and Bangladesh. In 2019, the Company commenced Supply Chain Services. The Company acquired Aramexs India assets. The Company ventured into partnership with UPS as well. The Company launched tractor trailers in its network. The Company also inaugurated the opening of Delhivery, USA Office.In January 2020, the Company acquired Roadpiper Technologies Private Limited, a digital freight broker with fleet owner, loadmatching and pricing applications. Roadpiper, was, among other activities, engaged in the business of providing technology solutions to the logistics industry, providing proprietary freight and logistics software and endtoend services to transportation organizations. During the year 2020, the Company automated material handling systems and launched 3 mega trucking terminals in Tauru (Haryana), Bhiwandi (Maharashtra) and Bengaluru (Karnataka). This automation, combined with systemdirected floor operations, path expectation algorithms and machinevision guided truck loading systems, together enabled the facility staff to be more productive and reduce errors in their operations. In February 2021, the Company acquired the business of Primaseller Inc. to enable D2C ecommerce brands and omnichannel retailers to integrate their online and offline channels with logistics network. On July 15, 2021, the Company signed an agreement to enter into a strategic alliance with FedEx , which shall become effective upon fulfillment of certain closing conditions, including receipt of requisite regulatory approval. Apart from this, the Company acquired the subsidiary, Spoton Logistics Private Limited, an express PTL freight service provider in India in August 2021, by acquiring 100% of its share capital. In May 2022, Company made an IPO by raising funds from public aggregating to Rs 5235 Cr. by issuing 10,74,97,225 equity shares comprising a fresh issue of 82,152,503 equity shares of Re 1/ each aggregating to Rs 4000 Cr and by issuing 25,364,585 equity shares aggregating to Rs 1235 Cr through offer for sale.The Company launched fulfilment and PTL freight services in 2022. Further, launched economy PTL services for less timesensitive and airfreight services for highly timesensitive freight movements. In April 2022 it also launched Delhivery Direct, which enables individual consumers to book and track shipments in network, customise delivery preferences and directly communicate with service executives.In FY23, Company inducted 387 new tractors into its fleet, taking the total count to 562. It launched Delhivery One in FY23, which has found adoption from SME and D2C customers. The Company acquired Algorhythm Tech Private Limited in India by acquiring 100% of its share capital in Jan23. The Company launched two more applications, TransportOne and LocateOne on its SaaS platform, OS1 in 202324. It acquired 10.94% stake in the equity share capital of Vinculum in India in July 2023. The Company increased its stake to 39.34% into Falcon Autotech Private Limited, Associate Company, by making an additional investment of Rs 50.04 Crore in FY24.