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Track all the latest updates and news of Swiggy IPO.
October 31, 2024 1:26:55 PM
As Swiggy prepares for its IPO with a price cap of Rs 390 per share, early investors who bought shares at Rs 530 may face challenges due to a six-month lock-in period and a lower company valuation of $11.
Published by : The Economic Times on MSNOctober 31, 2024 12:09:00 PM
Ahead of the IPO launch, Swiggy CEO Sriharsha Majety said on Wednesday that his company doesn't expect much competition from D-Mart, despite both operating in the grocery segment. He said the value proposition of both companies is very different as D-Mart focuses on value-driven offerings,
Published by : Business TodaySwiggy Limited is entering in the capital market with an IPO of 29.04 Equity Shares of Rs 1 aggregating up to Rs 11,327.43 Crore. The price for the issue has been set at Rs 371 - Rs 390 Per Equity Share.
Founded in 2014, Swiggy Limited provides its users with an easy-to-use platform that they can access via a single app to search, select, order, and pay for food (Food Delivery), grocery and household goods (Instamart) and have orders delivered to their homes via an on-demand delivery partner network.
The issue opens on Nov 6, 2024 and closes for subscription on Nov 8, 2024. The equity shares of the company to be list at BSE, NSE.
The issue of Swiggy Limited opens on Nov 6, 2024 and closes for subscription on Nov 8, 2024. The equity shares of the company to be list at BSE, NSE. The price for the issue has been set at Rs 371 - Rs 390 Per Equity Share.
The Swiggy IPO is proposed to open on November 6, 2024. The IPO application ends on November 8, 2024.
Retail investors can apply in the retail or non-institutional investor category from November 6, 2024 to November 8, 2024. The Swiggy IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Swiggy IPO will open for subscription on November 6, 2024. The public issue will close on November 8, 2024.
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