Filing your draft prospectus with the capital markets regulator, regulatory documents revealed.
According to a filing to the Ministry of Corporate Affairs, which has been accessed by ET, the company on Sunday said it has decided to allot 16.8 million bonus shares in the ratio of 9 to equity shareholders in an extraordinary general meeting (EGM) held on September 29. Did: 1.
The documents showed that around 90 individuals and entities are listed as recipients of these bonus shares.
company, backed by softbank Vision Fund and Carlyle Group Inc. are looking to raise approximately $1 billion through a planned initial public offering (IPO) by the end of the current financial year.
Last month, the company said Lee Fixel, a former partner at New York-based investment firm Tiger Global
Invested $125 million through its fund additions.
In August, the company
Secured $100 million from strategic investor FedEx Express. Earlier in June, the 10-year-old company said it had
Raises $275 million from investors led by GIC and Fidelity.
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From the ET Startup Awards 2021 to the 28th Indian Startup Unicorn in 2021 and the long-awaited IPO filing of Oyo, ETtech has had an action-packed few days.
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Founded by Sahil Barua, Mohit Tandon, Bhavesh Manglani, Suraj Saharan, and Kapil Bharati, Delhivery is an end-to-end logistics and supply chain services company.
It has completed over a billion shipments with over 17,000 customers including large and small ecommerce participants and small and medium enterprises.
It counts funds such as Fosun, Tiger Global, Times Internet, CPPIB, and Nexus Venture Partners as its other shareholders.
The company said in the regulatory filing that, “… each of the 1,68,46,803 shares of Rs 10 each with a specific number of fully paid up:
18,71,868 to 1,87,18,670 Bonus Shares (to be allotted) to existing equity shareholders of the Company, whose names are entered in the Register of Members of the Company as on September 28, 2021.
The EGM also passed a resolution to allot more stock options under the ESOPs scheme to eligible former and current employees.
The company intends to adjust its compulsorily convertible preference shares (CCPS) in the ratio of 10:1, or 10 equity shares of Rs.10 each for every CCPS of Rs.100 held by such CCPS holder, as per the issue of such bonus , the filing showed.
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