BAJAJ BROKING

Notification
No new Notification messages
Infonative Solutions IPO is Open!
Apply for the Infonative Solutions IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Delhivery Acquires Ecom Express in ₹1,407 Crore All-Cash Deal

Synopsis:

Delhivery will acquire a 99.4% stake in Ecom Express for ₹1,407 crore. The all-cash deal follows Ecom’s failed IPO plans and marks a major sector consolidation.


India’s logistics sector witnessed a significant consolidation move as Delhivery announced its acquisition of Ecom Express in an all-cash deal valued at ₹1,407 crore. The transaction, involving a 99.4% stake, is expected to close within six months, subject to regulatory approvals. The acquisition positions Delhivery to expand its logistics footprint and strengthen its cost and asset efficiencies at a time when the industry is evolving through automation and electric mobility.

Also read: ITC Raises Stake In Ample Foods To 43.75% With ₹131 Crore Investment

DELHIVERY LIMITED

Trade

268.359.55 (3.69 %)

Updated - 07 April 2025
271.30day high
DAY HIGH
238.50day low
DAY LOW
24894586
VOLUME (BSE)

Key Takeaways:

  1. Delhivery to acquire 99.4% stake in Ecom Express for ₹1,407 crore.

  2. Deal expected to close within six months pending regulatory clearances.

  3. Ecom Express reported ₹2,607 crore revenue in FY24 but remained unprofitable.

  4. Delhivery aims to boost automation, route density, and operational scale.

  5. Delhivery share price may react to strategic implications of the acquisition.

Also read: L&T Launches Green Energy Subsidiary to Tap Hydrogen, Ammonia Market

Background And Strategic Implications

The acquisition reflects Delhivery’s focus on expanding scale and improving last-mile delivery capabilities. Ecom Express, founded in 2012, had once been a key logistics player for Indian e-commerce giants but failed to sustain momentum amid increased competition and funding shortages. The company was preparing for an IPO, which was eventually shelved after scrutiny of its disclosures.

For Delhivery, absorbing Ecom Express provides immediate access to assets, manpower, and a wide delivery network. While the deal strengthens Delhivery’s market control, it also offers a chance to enhance service quality and develop future-ready logistics solutions including drones, electric vehicles, and automation systems—an area where Ecom had already invested moderately.

FY24 Financial Snapshot – Ecom Express

Metrics

Value

Total Revenue

₹2,607 crore

Net Profit

Negative

Stake Acquired by Delhivery

99.4%

Deal Value

₹1,407 crore

Expected Closure Timeline

Within 6 months

Impact On Investors And Market Sentiment

The acquisition may influence the Delhivery share price in the short term, as investors assess the financial integration of Ecom Express. The steep acquisition cost and lack of immediate profitability could pose near-term challenges. However, the long-term gain in market share, enhanced logistics capacity, and cost synergies are likely to offset those concerns. The Delhivery share price will be closely monitored for signs of investor confidence in this major strategic move.

Also read: Jaguar Land Rover Halts US Shipments Amid Trump Tariffs Impact

Do you have a trading account app or demat account app?

You can open an account with Bajaj Broking in minutes.

Download the Bajaj Broking app now from Play Store or App Store.

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://www.bajajbroking.in/disclaimer

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

9.5 lakh+ Users

icon-with-text

4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4400+ Cr MTF Book

icon-with-text