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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Swiggy Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹390
Per ShareLot Size
38 Shares
Minimum Investment
₹14,820
Issue Size
₹11,327.43 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Issue Type
Book Building
ISIN
INE00H001014
Swiggy is a consumer first technology company offering users an easy-to-use convenience platform to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut), avail product pick-up/drop-off services (Genie) and engage in other hyperlocal commerce (Swiggy Minis, among others) activities. The Company augments the value proposition to users through its membership program "Swiggy One", "Swiggy Money", and Swiggy-HDFC Bank credit card.
Evolving demographic structures are leading to Indian consumers not only shopping more, but also increasingly choosing digital channels for their purchases, and as a result, online commerce platforms have reached over 950 cities. This shift allows consumer-first technology platforms to engage with consumers at multiple touchpoints. Digitally-native consumers are creating an internet-based ecosystem across consumption categories leading to growth in online market. Hyperlocal, urban conveniencedriven, high-frequency commerce platforms stand out for consumers. Between 2018 and 2023, the online Food Delivery and Quick Commerce markets grew at CAGRs of ~42% and 148%-169%, respectively. Further there is significant increase in annual spending by users on online Food Delivery, which has increased from ~Rs.2,800-3,200 in 2018 to approximately Rs.7,500- 8,000 in 2023. The spend per user for Quick Commerce increased to ~Rs.13,400 in 2023 which was negligible in 2018.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 290,494,914* equity shares of face value of Re. 1 each ("Equity Shares") of Swiggy Limited (The "Company or the "Company") for cash at a price of Rs. 390^ per equity share (including a premium of Rs. 389^ per equity share) ("Offer Price") aggregating to Rs. 11327.43 crores^ (the "Offer") comprising a fresh issue of 115,407,051 equity shares aggregating to Rs. 4499.00 crores^ (the "Fresh Issue") and an offer for sale of 175,087,863 equity shares aggregating to Rs. 6828.43 crores (the "Offer for Sale"), consisting of 4,682,842 equity shares aggregating to Rs. 182.63 crores by the individual selling shareholders (as defined hereinafter) and 170,405,021 equity shares aggregating to Rs. 6645.80 crores^ by corporate selling shareholders (as defined hereinafter) (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares"). The offer included a reservation of 750,000 equity shares of face value of Re. 1 each, aggregating to Rs. 27.38 crores, for subscription by eligible employees not exceeding 5% of its post-offer paid-up equity share capital (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 12.98% and 12.94%, respectively, of the fully diluted post-offer paid-up equity share capital of the company. The company, in consultation with the brlms offered a discount of Rs. 25 per equity share to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity share is Re. 1 each and the offer price is 390 times the face value. ^An employee discount of Rs. 25 per equity share was offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Swiggy Limite was incorporated as `Bundl Technologies Private Limited' as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated December 26, 2013, issued by the Registrar of Companies, Andhra Pradesh at Hyderabad. Subsequent to a change in its registered office from the state of Andhra Pradesh to the state of Karnataka pursuant to the Board resolution dated November 2, 2015, and the special resolution passed by its Shareholders on December 11, 2015, a fresh certificate of registration dated September 19, 2016, was issued by the Registrar of Companies, Karnataka at Bangalore ("RoC"). The Company changed its name to "Swiggy Private Limited" pursuant to the Board resolution dated January 25, 2024, and the special resolution dated February 19, 2024, further to which a fresh certificate of incorporation dated April 1, 2024 was issued by the Registrar of Companies, Office of the Central Processing Centre ("RoC, CPC"). The Company was subsequently converted into a public limited company pursuant to the Board resolution dated February 14, 2024 and the special resolution passed by its Shareholders on February 19, 2024 and the name of the Company was changed to `Swiggy Limited'. A fresh certificate of incorporation dated April 10, 2024 was accordingly issued by the RoC, CPC.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.