Delhivery Block Deal: Shares of Delhivery Limited remained in focus on Wednesday due to significant block deals, with global investors and mutual funds acquiring stakes in the company. According to NSE data, major institutional investors such as Morgan Stanley and Goldman Sachs purchased shares of the company, while funds linked to the venture capital firm Nexus Venture Partners emerged as the primary sellers.
According to reports, the Nexus Opportunity Fund and Nexus Ventures III collectively sold shares worth approximately Rs 186 crore. Nexus Ventures raised about Rs 160 crore by selling 3.46 million shares at Rs 465 per share, while the Nexus Opportunity Fund sold shares worth approximately Rs 25 crore.
Morgan Stanley Asia invested approximately Rs 56 crore by acquiring 1.2 million shares, while Goldman Sachs invested around Rs 28 crore by purchasing 600,000 shares.
Furthermore, domestic institutional investors also demonstrated strong participation. Nippon India Mutual Fund invested approximately Rs 26.7 crore by purchasing 575,000 shares, while Edelweiss Mutual Fund invested nearly ₹50 crore by acquiring 1.075 million shares. Meanwhile, the Viridian Asia Opportunities Master Fund also purchased 550,000 shares. Among the total buyers, Morgan Stanley took the lead, followed by Edelweiss Mutual Fund, Goldman Sachs, and Nippon India Mutual Fund.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
