Enterprise capital agency Nexus Venture Partners has additional diminished its holding in Delhivery, promoting shares value about Rs 208 crore within the logistics firm by means of a bulk deal on the BSE.
Nexus Ventures III Restricted, an affiliate of the venture capital agency, offered 4.32 million shares on Tuesday at a mean value of Rs 481 apiece. The transaction was valued at about Rs 208 crore.
The sale marks Nexus’ third Delhivery divestment since April. On 8 April, Nexus Ventures III and Nexus Alternative Fund offered a mixed 12 million shares at Rs 442 apiece, elevating about Rs 530.4 crore. Per week later, the 2 funds offered one other 4 million shares at Rs 465 apiece, in offers value Rs 186 crore.
The April transactions drew curiosity from home and international institutional traders. Patrons throughout the 2 offers included SBI Mutual Fund, Nippon India Mutual Fund, BNP Paribas Monetary Markets, ICICI Prudential Life Insurance coverage Firm, Edelweiss Mutual Fund, Alphamine Absolute Return Fund, Morgan Stanley Asia Singapore, Goldman Sachs Financial institution Europe and Viridian Asia Alternatives Grasp Fund.
With the newest transaction, Nexus-linked funds have offered Delhivery shares value about Rs 924 crore within the present monetary yr.
Nexus was amongst Delhivery’s early traders and has been steadily paring its stake for the reason that firm listed in 2022. On the time of Delhivery’s IPO, Nexus Ventures III held 8.91% and Nexus Alternative Fund held 1.35%, giving the 2 funds a mixed pre-offer holding of 10.26%.
By the tip of March 2026, Nexus Ventures III alone held 4.48% in Delhivery. A subsequent disclosure after the 8 April transaction confirmed the mixed holding of Nexus Ventures III and Nexus Alternative Fund had fallen to three.55%. That holding is anticipated to say no additional after the April 15 and June 23 gross sales, with the up to date determine to be mirrored in Delhivery’s June-quarter shareholding sample.
The stake sale comes as Delhivery stories stronger income development, though integration prices have weighed on reported full-year revenue.
For the fourth quarter of FY26, Delhivery’s income from companies rose 30% year-on-year to Rs 2,850 crore from Rs 2,192 crore. Revenue after tax stood at Rs 72 crore.
For FY26, the corporate reported income from companies of Rs 10,508 crore and profit after tax of Rs 153 crore. On a management-estimate foundation, excluding Ecom Specific-related integration prices, Delhivery put FY26 income from companies at Rs 10,486 crore and revenue after tax at Rs 321 crore.
The Gurugram-based firm operates throughout specific parcel supply, freight, warehousing, cross-border logistics, fulfilment and supply-chain companies.