Delhivery shares bought by Morgan Stanley, other domestic funds in block deals
Published on 27/06/2025 04:46 AM
Delhivery shares bought by Morgan Stanley, other domestic funds in block dealsClose to 1.7 lakh small retail shareholders, or those with an authorised share capital of up to ₹2 lakh, had a 4.7% stake in Delhivery at the end of the March quarter.By Hormaz Fatakia June 27, 2025, 4:46:06 AM IST (Published)2 Min ReadShares of logistics services provider Delhivery Ltd. were purchased by funds such as Morgan Stanley, CitiGroup, along with other domestic funds such as HDFC MF, Axis MF and Tata MF, according to official data disclosed on the evening of Thursday, June 27.
Nexus Opportunity Fund Ltd. and Nexus Ventures III Ltd. were classified as the sellers in the transaction that took place in the early minutes of Thursday's trade.
According to the March quarter shareholding, Nexus Ventures III Ltd. held a 5.88% stake in Delhivery or 4.38 crore shares, of which it sold 1.02 crore shares in Thursday's deal. The Nexus Opportunity Fund sold 17 lakh shares.
Fund HouseNo. Of Shares BoughtMorgan Stanley Asia Singapore Pte.28.86 LakhMorgan Stanley Asia Singapore Pte.18.87 LakhTata MF16.45 LakhHill Fort India Fund LP13.3 LakhHDFC MF10.97 LakhViridian Asia Opportunities Fund8.85 LakhAxis MF7.75 LakhASK Absolute Return Fund7.73 LakhCitigroup Global Markets Singapore3.34 LakhTata Equity Plus Absolute Return Fund3 Lakh
All the shares changed hands at an average price of ₹387 per share, according to data available.
India's Mutual Funds have a 26.53% stake in Delhivery, a company with no promoter holdings. SBI MF (7.32%), Mirae Asset MF (6.35%), HDFC MF (5.08%), Nippon Life India MF (2.08%) are among the prominent names featuring in the March quarter shareholding pattern.
Invesco, Vanguard, Fidelity are some of the foreign funds continuing to hold stake in Delhivery.
Close to 1.7 lakh small retail shareholders, or those with an authorised share capital of up to ₹2 lakh, had a 4.7% stake in the company.
Shares of Delhivery ended little changed on Thursday at ₹386.05. The stock has risen 6% in the last one month but continues to trade below its IPO price of ₹487.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBlock dealsDelhiveryshare market today