Carlyle divests entire 2.53% stake held in Delhivery for Rs 709 crore

23 Jun 2023 Evaluate

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.


Delhivery Share Price

349.40 -9.35 (-2.61%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Delhivery 349.40
Blue Dart Express 7168.15
VL E-Governance & IT 155.05
Corporate Courier 2.98
Skypak Service Spec.
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.