Carlyle, through an entity named CA Swift Investments, is offering 18.4 million shares of Delhivery at a price of ₹385.5 per share, a discount of 0.8% to the stock's closing price of ₹388.6 per share on the National Stock Exchange on Wednesday.
Citigroup is the broker for the block deal.
Carlyle had first invested in Delhivery in 2017 in a $100 million funding round and later added to its investment in 2019 in a $395 million round led by SoftBank.
Delhivery went public in May 2022, where it had priced its shares at ₹487 apiece, raising ₹5,235 crore through a mix of primary and secondary stock sales.
At the time of the IPO, Carlyle had sold 9.3 million shares for a sum of ₹454 crore. Carlyle held a 7.16% stake before the IPO.
In November 2022, Carlyle had sold a 2.5% stake for a sum of ₹607 crore.
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