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Swiggy Limited
1.51xsubscribed

Swiggy Limited

Consumer Food
listed
₹14,098Min. investment

Swiggy Limited IPO Details

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
RevenueApr 2023 - Mar 2024
₹11,247.39CrHigher than sector avg
Growth rate3Y CAGR
25.39%

Swiggy Limited Timeline

  1. Pre-apply
    5 Nov 2024
  2. Bid start
    6 Nov 2024
  3. Bid end
    8 Nov 2024
  4. Allotment
    11 Nov 2024
  5. Release of funds
    12 Nov 2024
  6. Demat transfer
    12 Nov 2024
  7. Listing
    13 Nov 2024

About 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.

Swiggy IPO Analysis

IPO REVIEW

Swiggy Limited | Analysis Video

Should you apply?

Watch our analysts break down the Swiggy IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Swiggy IPO

Company expansion
Funding working capital and new machinery purchases for the company, and expansion of its Dark Store network for its subsidiary - Scootsy
Debt repayment
Full or partial repayment/prepayment of company borrowings for its subsidiary - Scootsy
Offer for sale
Founders diluting their shares in the company

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹11,247.39Cr25.39%-₹2,350.24Cr₹87,298.6Cr-36.442.71
This sector (avg.)₹2,031.01Cr---₹81.91Cr₹40,960.62Cr194.320.23
₹20,243Cr---₹527Cr₹2,49,308.3Cr1,088.520.07
₹4,977.21Cr---₹353.16Cr₹76,441.6Cr166.060.05
₹7,949.82Cr---₹73.7Cr₹67,988.82Cr658.171.01

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Swiggy Limited Contact Details

Company NameSwiggy Limited

How to apply for Swiggy Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Swiggy IPO FAQs