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India's Swiggy Files for 37.5-Billion-Rupee IPO
Swiggy refiles draft papers for IPO, DRHP aims for Rs 3750 Cr funding
With a planned funding of ₹3,750 crore, Indian food delivery behemoth Swiggy submitted an amended Draft Red Herring Prospectus (DRHP) for its eagerly awaited Initial Public Offering (IPO) on September 26,
India's Swiggy files for IPO; aims to raise about $450 million
BENGALURU (Reuters) -Softbank-backed food delivery firm Swiggy said on Thursday it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
India's Swiggy Files for 37.5-Billion-Rupee IPO as Quick Commerce Booms
Bengaluru-based food delivery firm Swiggy said on Thursday that it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
Swiggy files updated draft papers for ₹3,750 crore IPO, to use ₹1,120 crore for Scootsy
The Swiggy IPO consists of a fresh issue of 37,500 million equity shares with a face value of ₹1 each and an offer for sale (OFS) of 185,286,265 equity shares
3h
on MSN
Swiggy IPO: Top 10 things to know about the public offering
Swiggy’s IPO aims to fuel Instamart’s expansion amid fierce competition from BlinkIt and Zepto. While Swiggy has improved its ...
inc42
1h
IPO-Bound Swiggy Facing INR 327 Cr GST Demand, Allegations Of Employing Child Labourers
Foodtech major Swiggy faces potential GST liabilities to the tune of INR 326.7 Cr, as per its recently filed updated DRHP.
ET Now on MSN
8h
Swiggy IPO: Bumper Diwali ahead? Potential, valuation discounts and competitive landscape with Zomato DECODED
According to the updated draft red herring prospectus (UDRHP), the proposed IPO comprises a fresh issue of equity shares ...
Outlook Business
8h
What Swiggy's IPO Filing Reveals About its Bid to Take on Zomato
In its DRHP, the company highlighted that they plan to open dark stores in existing cities such as Bengaluru, Pune, Mumbai, ...
5h
Swiggy IPO: Prosus may pocket $500 million; founders snag $36 million via secondaries
Swiggy's largest investor, Prosus, plans to offload a 5% stake in the company's upcoming IPO, potentially realizing over $500 ...
17h
Swiggy's journey to Rs 10,000-crore IPO: A look at its growth, celebrity backing, and rivalry with Zomato
As Swiggy gears up for a mega IPO with its updated DRHP, investors will keenly eye a pie in the massive 2 lakh-crore food ...
ndtvprofit
12h
Swiggy IPO: Rahul Dravid, Karan Johar, Other Celebrities Scoop Up Stake Ahead Of Market Debut
Approximately two lakh shares of Swiggy have been traded in the unlisted market, with several celebrities jumping on the ...
Your Story
5h
Hiring top talent, accountability, customer obsession: Swiggy execs give IPO mantra
Swiggy Food Marketplaces CEO Rohit Kapoor said that the company is hiring 60,000 gig workers a week, a day after the company ...
Fortune India
14h
Swiggy IPO risk factors investors should know
Swiggy’s investors including Accel, Alpha Wave Ventures, Coatue, DST, Elevation Capital, Norwest Venture Partners and Tencent ...
15h
Softbank-backed Swiggy files for US$1.25b IPO in India's booming stock market
The Bengaluru-based start-up is targeting a valuation of US$15 billion through the IPO, said a source. Read more at ...
18h
IPO-bound Swiggy sees losses widen to Rs 611 cr, despite 36% surge in Q1 revenue
Swiggy Instamart, the company's quick commerce arm, had a revenue of Rs 374 crore (up 108 percent) in Q1FY25 while its rival ...
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