Nexus Venture Partners has sold a 1.6% stake in logistics company Delhivery for approximately ₹530 crore through open market transactions, marking another step in its gradual exit from the company post-listing.
The transaction involved the sale of nearly 1.2 crore equity shares at an average price of around Rs 442 per share via a mix of bulk and block deals on the National Stock Exchange.
A consortium of institutional investors picked up the stake, including SBI Mutual Fund, Nippon India Mutual Fund, Edelweiss Mutual Fund, BNP Paribas, ICICI Prudential Life Insurance, and other institutional players such as AlphaGrep Investment Management.
The stake sale was executed through Nexus affiliates, including Nexus Ventures III and Nexus Opportunity Fund, both of which have been steadily reducing their holdings in the Gurugram-based logistics firm.
Nexus Venture Partners has been gradually trimming its exposure in Delhivery since the company’s IPO. Its shareholding has declined significantly from over 10% at the time of listing to around 4.49% as of December 2025.
The move also follows previous stake sales by the firm, including a similar 1.6% divestment in June 2025 and a 1.06% sale in August 2024, indicating a phased exit strategy.
Shares of Delhivery reacted positively to the development, rising over 3.5% to close near ₹458 on the NSE, supported by strong trading volumes and continued investor interest.
The development comes amid improving financial performance at Delhivery, which recently reported double-digit revenue growth and a sharp rise in profits, strengthening investor confidence in the logistics major.
