Alpha Wave halves Delhivery stake with Rs 332 Cr bulk deal at Rs 460/share
Alpha Wave Ventures sold ~1% in Delhivery for Rs 332.5 Cr via bulk deal at Rs 460.4/share, cutting holding from 1.93%. Follows Nexus's Rs 208 Cr exit; cumulative VC offloads now exceed Rs 1,256 Cr. Delhivery posted Q4 FY26 revenue of Rs 2,850 Cr (+30% YoY) and profit of Rs 72.3 Cr.
What happened
Alpha Wave Ventures sold ~1% in logistics player Delhivery for Rs 332.5 cr via bulk deal, halving its stake. Follows Nexus's Rs 208 cr sale; VC investors have
Key facts
- Rs 332.5 cr bulk deal
- 72.22 lakh shares
- Rs 460.4/share avg
- ~1% stake sold
- 1.93% prior holding
- Rs 1,256.5 cr cumulative VC exits
- Q4 FY26 revenue Rs 2,850 cr (+30% YoY)
- Q4 profit Rs 72.3 cr
- market cap Rs 35,795 cr (~$3.76B)
Why this matters
With early backers actively trimming, Delhivery's float is rebalancing toward institutional hands—an opportune window to engage strategic partners or anchor investors seeking scaled logistics exposure.
What to watch
- Next bulk/block deal >Rs 100 Cr in Delhivery
- MF/insurer accumulation in shareholding pattern
- Ecom Express IPO pricing as comp benchmark
- Crude/diesel spike compressing last-mile margins
- Amazon/Flipkart in-housing logistics share shift
- Track Alpha Wave residual 0.93% — likely cleared in next 2-4 weeks via block
- Monitor SoftBank, Carlyle, Tiger lock-up status for Delhivery
- Watch Meesho/Shiprocket order share — Delhivery's B2C volume lever
- Screen Q1 FY27 guidance for PTL margin trajectory