Delhivery falls after Carlyle divests entire 2.53% stake held in company for Rs 709 crore
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Delhivery is currently trading at Rs. 375.05, down by 11.60 points or 3.00% from its previous closing of Rs. 386.65 on the BSE.
The scrip opened at Rs. 385.00 and has touched a high and low of Rs. 385.70 and Rs. 374.00 respectively. So far 97474 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 708.45 on 21-Jul-2022 and a 52 week low of Rs. 291.00 on 27-Jan-2023.
Last one week high and low of the scrip stood at Rs. 416.75 and Rs. 374.00 respectively. The current market cap of the company is Rs. 27825.86 crore.
The Institutions and Non-Institutions held 80.65% and 19.35% stake in the company, respectively.
US-based private equity firm Carlyle has sold its entire 2.53 per cent stake in Delhivery for Rs 709 crore through open market transactions. Carlyle through its special-purpose vehicle CA Swift Investments sold the shares of Delhivery in 11 tranches.
As per the block deal data available with the BSE, CA Swift Investments offloaded a total of 1,84,04,607 shares, amounting to 2.53 per cent stake in Delhivery. The shares were sold at an average price of Rs 385.5 apiece, taking the transaction value to Rs 709.50 crore.
BNP Paribas Arbitrage, Norges Bank, Societe Generale, Saudi Central Bank, Washington State Investment Board, Lockheed Martin Corporation Master Retirement Trust, Morgan Stanley Mauritius Company, Goldman Sachs (Singapore) Pte, Tokio Marine Life Insurance Singapore and AIA Singapore, among others, were the buyers of shares.
Delhivery is an Indian logistics and e-commerce supply chain company.
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