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1.51x
subscribed
Swiggy Limited
Consumer Food
listed
1.51x
subscribed
₹14,098Min. investment
About Swiggy Limited
Issue size
₹11,326Cr
IPO type
Mainboard
Market Cap
₹87,298.6CrHigher than sector avg
Price range
₹371 – ₹390
Revenue
Apr 2023 - Mar 2024₹11,247.39CrHigher than sector avg
Lot size
38 shares
Red Herring Prospectus
Read
Growth rate
3Y CAGR25.39%
SectorConsumer Food
Price range₹371 – ₹390
IPO type
Regular
Lot size38 shares
Issue size₹11,326Cr
Red Herring Prospectus
Read
Market Cap
₹87,298.6CrHigher than sector avg
Revenue
Apr 2023 - Mar 2024₹11,247.39CrHigher than sector avg
Growth rate
3Y CAGR25.39%
Checklist
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Company expansion
Funding working capital and new machinery purchases for the company, and expansion of its Dark Store network for its subsidiary - ScootsyDebt repayment
Full or partial repayment/prepayment of company borrowings for its subsidiary - ScootsyOffer for sale
Founders diluting their shares in the companyAbout Swiggy Limited
Launched in 2013, Swiggy offers food delivery, delivery of household items, dinner reservations, event bookings, pick-up and drop-off services, and hyperlocal commerce. It operates the following brands - Swiggy, Instamart, Dineout, SteppinOut, Genie, and Swiggy Minis.
As of Q1 FY25, it delivered 155.9 million orders. It also had warehousing space across 13 cities and offered a selection of ~19,000+ SKUs within grocery and household items as of 30 June 2024. Its revenue from operations rose at 25% CAGR and its average monthly transacting users rose at 11% CAGR between FY22 and FY24.
IPO Analysis
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IPO REVIEW
Swiggy Limited
Should you apply?
View Video
Latest News on IPO
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Swiggy IPO Day 1 Highlights: The Bengaluru-based firm aims to raise ₹11,327 crore by issuance of new shares valued at ₹4,499 crore and an offer-for-sale component of ₹6,828 crore.
6 min read
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Swiggy IPO opens for subscription on Wednesday, November 6, and closes on Friday, November 8. The food delivery major plans to raise ₹ 11,327 crore from its public issue. Ahead of the IPO launch, the company mobilised ₹5,100 crore from anchor investors.
2 min read
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Sriharsha Majety is co-founder, Managing Director, and Group CEO of Swiggy Ltd. He holds a bachelor's degree in electrical engineering from BITS Pilani, and a postgraduate diploma in management from the Indian Institute of Management, Calcutta. He has been associated with the company for more than 10 years.
3 min read
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Swiggy Limited ?
The issue size of the Swiggy Limited is 11326 Cr.
What is 'pre-apply' for Swiggy Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Swiggy Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Pre-apply5 Nov 2024
- Bidding starts6 Nov 2024
- Bidding ends8 Nov 2024
- Allotment finalisation11 Nov 2024
- Release of funds12 Nov 2024
- Demat transfer12 Nov 2024
- Listing13 Nov 2024