Nexus Venture exits more Delhivery: ₹208 Cr block deal marks third trim this quarter

Nexus Venture Partners offloaded 43.24 lakh Delhivery shares at ₹481 apiece in a ₹208 Cr block deal, following ₹530 Cr and ₹186 Cr exits in April. Buyers included Morgan Stanley, Goldman Sachs, Edelweiss MF and Nippon India MF. Delhivery posted FY26 net profit of ₹321 Cr (+8% YoY) on revenue of ₹10,486 Cr (+17%).

— Source publishedTue, 23 Jun, 2026, 21:46 IST·First seen Tue, 23 Jun, 2026, 21:52 IST·Source Inc42 · Buzz

What happened

Nexus Venture Partners sold ₹208 Cr of Delhivery shares via block deal, its third stake sale this quarter after April's ₹530 Cr and ₹186 Cr exits. Delhivery's

Key facts

  • ₹208 Cr
  • 43.24 Lakh shares
  • ₹481/share
  • ₹530 Cr (April 8)
  • ₹186 Cr (April 15)
  • 3.55% stake
  • FY26 net profit ₹321 Cr (+8% YoY)
  • Revenue ₹10,486 Cr (+17%)
  • Share price ₹476.5 (-1.53%)

Why this matters

Concentrated PE overhang clearing into institutional hands creates a cleaner cap table and potential window for strategic M&A or capital raises.

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