Tag: swiggy ipo

Swiggy’s Stock Market Debut Makes 500 Current, Ex Employees Crorepatis: Report

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Swiggy’s Stock Market Debut Makes 500 Current, Ex Employees Crorepatis: Report

Swiggy’s initial share sale had a price range of Rs 371-390 a share. New Delhi: Swiggy’s much-anticipated stock market debut on Wednesday catapulted over 500 current and former employees to the “crorepati” club, with the food delivery and quick commerce major’s listing poised to unlock Rs 9,000 crore in ESOPs for 5,000 staffers, people aware…

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Swiggy IPO, Swiggy Shares, Swiggy CEO Sriharsha Majety Says Expecting Very Solid Growth For Next 3-5 Years

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Swiggy IPO, Swiggy Shares, Swiggy CEO Sriharsha Majety Says Expecting Very Solid Growth For Next 3-5 Years

Swiggy which made a strong debut on the stock exchanges today. Mumbai: Food delivery and quick-commerce major Swiggy on Wednesday said it is expecting “very solid” growth in the next 3-5 years and plans to expand its geographical footprint and stores network for Instamart business. The company which made a strong debut on the stock…

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Swiggy IPO Sees Muted Response On First Day, Gets Bids For 1.8 Crore Shares

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Swiggy IPO Sees Muted Response On First Day, Gets Bids For 1.8 Crore Shares

The issue will close for bids on November 8. Mumbai: Online food delivery platform Swiggy saw a muted response to its Rs 11,327 crore IPO on the first day of bidding on Wednesday, as brokerages advised investors to avoid the IPO until the company’s financial performance and growth outlook improve. The IPO received bids for…

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Swiggy announces ₹11,000 crore IPO with a price band of ₹371 to ₹390

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Swiggy announces ₹11,000 crore IPO with a price band of ₹371 to ₹390

File image. | Photo Credit: Getty Images Swiggy Ltd.‘s  nearly ₹11,000 crore Initial Public Offering (IPO) will be open between November 6 and November 8, 2024. The company is has set a price band between ₹371 to ₹390 a piece. Shares for the IPO will be allotted in lots of 38 and its multiples. The…

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Business

Swiggy likely to price $1.35 billion IPO at ₹371-390/share: report

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Swiggy likely to price .35 billion IPO at ₹371-390/share: report

Swiggy has in recent weeks cut its internal valuation goal twice by a combined 25% due to volatility in the Indian stock markets. File. | Photo Credit: Reuters Food delivery giant Swiggy will likely price its $1.35 billion domestic initial public offering, which opens next week, at ₹371-390 per share, sources with direct knowledge of…

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Swiggy cuts IPO valuation again, to $11.3 billion, BlackRock and CPPIB to invest: report

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Swiggy cuts IPO valuation again, to .3 billion, BlackRock and CPPIB to invest: report

Swiggy, backed by SoftBank and Prosus, was concerned to avoid a tepid response to its relatively large IPO, coming amid global uncertainty. File. | Photo Credit: Reuters Food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of $15 billion as market volatility and the lacklustre debut…

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Business

Swiggy Files Updated Papers For IPO, Eyes Rs 3,750 Crore Via Fresh Issue

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Swiggy Files Updated Papers For IPO, Eyes Rs 3,750 Crore Via Fresh Issue

Founded in 2014, Swiggy had a valuation of nearly $ 13 billion in April. New Delhi: Food delivery and quick commerce giant Swiggy has filed for a Rs 3,750-crore Initial Public Offering (IPO) in what is likely to be among India’s biggest listings this year. On Wednesday, it came to light that Swiggy had received…

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Swiggy Files Draft Papers For IPO, Targets $10 Billion Valuation

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Swiggy Files Updated Papers For IPO, Eyes Rs 3,750 Crore Via Fresh Issue

Founded in 2014, Swiggy had a valuation of nearly $ 13 billion in April. New Delhi: Food delivery and quick commerce giant Swiggy is targeting a $10 billion or 83,365 crore valuation with a Rs 10,000-crore initial public offering (IPO). Out of this, the company seeks to raise Rs 3,750 crore from fresh issues. On…

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Swiggy secures shareholders’ nod to raise over ₹10,400 crore via IPO

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Swiggy secures shareholders’ nod to raise over ₹10,400 crore via IPO

Image for representation | Photo Credit: Getty Images Food and grocery delivery major Swiggy has received shareholders’ approval for an initial public offering to raise ₹10,414 crore fund through issue of fresh equity shares and an offer for sale, according to sources. A special resolution was passed at an extraordinary general meeting of Swiggy on…

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