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The Economic Times
The Economic Times

Delhivery investors cash out as stock nears IPO price

Delhivery investors, including SoftBank, Nexus Venture Partners, and Alpha Wave Global, have been trimming their holdings as the new-age logistics company’s share price rebounds close to its IPO level, regulatory filings show. Over the last three months, these investors have sold nearly Rs 1,800 crore worth of Delhivery stock through block deals and open market transactions.

In an exchange filing on Thursday, SoftBank disclosed that it has sold around 14.6 million shares, or about 2% stake, between September 2024 and June 2026, reducing its holding to 7.6% as of June 22. Based on its disclosures, the Japanese investment firm sold roughly Rs 180-200 crore worth of shares over the last three months.

Nexus Venture Partners has also pared its stake. On Tuesday, the venture capital firm sold 4.3 million shares worth around Rs 208 crore, marking its third stake sale in the past three months. In April, two Nexus entities sold shares worth Rs 186 crore and Rs 530 crore in separate transactions. Earlier, in June 2025, the firm had offloaded shares worth Rs 460 crore across two tranches.

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