Alpha Wave halves Delhivery stake in Rs 332 Cr bulk deal as VCs offload Rs 1,256 Cr

Alpha Wave Ventures sold 72.22 lakh Delhivery shares at Rs 460.4 apiece, trimming its holding to ~1%. Nexus Venture Partners exited Rs 208 Cr a day earlier. Cumulative VC selldown nears Rs 1,256 Cr even as Delhivery posted Rs 2,850 Cr Q4 FY26 revenue (+30% YoY) and Rs 72.3 Cr profit.

— FiledWed, 24 Jun, 2026, 21:14 IST·First seen Wed, 24 Jun, 2026, 21:13 IST·Source Entrackr

What happened

Alpha Wave Ventures sold Rs 332.5 crore worth of Delhivery shares via bulk deal, halving its stake to ~1%. Nexus Venture Partners also offloaded Rs 208 crore a

Key facts

  • Rs 332.5 crore
  • 72.22 lakh shares
  • Rs 460.4 per share
  • 1% stake
  • 1.93% stake
  • Rs 208 crore
  • Rs 1,256.5 crore
  • Rs 924 crore
  • Rs 2,850 crore revenue Q4 FY26
  • 30% YoY
  • Rs 72.3 crore profit
  • Rs 478 close
  • Rs 35,795 crore m-cap

Why this matters

Loosening cap table and concentrated VC selldown create a cleaner shareholder register, opening windows for strategic stake-building or partnership conversations in logistics.

What to watch

  • Another >Rs 200 Cr block at sub-455 print
  • SoftBank or Tiger Global stake disclosure changes
  • Bulk buyer identity (domestic MF vs FPI vs prop)
  • Delhivery management commentary on secondary sales
  • Meesho/Flipkart logistics contract renewal news
  • Track remaining VC lock-in schedules (SoftBank, Tiger, Carlyle residual stakes)
  • Monitor block deal floor prices for trend in discount-to-LTP
  • Watch Q1 FY27 guidance commentary on Ecom Express synergy and PTL margins
  • Map MF shareholding delta in next disclosure cycle

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