URL copied to clipboard

Trending News

Swiggy IPO: Don’t Miss the ₹11,327 Crore Launch on November 6! Find the Exciting IPO Details Inside!

Swiggy IPO: The ₹11,327 crore IPO includes a fresh issuance of ₹4,499 crore and an OFS of 175,087,863 shares, with 10% reserved for retail investors.
Swiggy IPO: Don’t Miss the ₹11,327 Crore Launch on November 6! Find the Exciting IPO Details Inside!

Swiggy IPO

The initial public offering (IPO) of Swiggy Ltd, a leading food and grocery delivery service, is set to open for subscription on November 6 and will close on November 8.

Alice Blue Image

Swiggy IPO Price Band

The IPO has established a price band of ₹371-₹390 per share, as detailed in the red herring prospectus. The total issue size amounts to ₹11,327 crore, which includes a fresh issuance of shares worth ₹4,499 crore and an offer for sale (OFS) component consisting of 175,087,863 shares.

Also Read: How many Upcoming IPOs in November 2024? Check The Full List!

Swiggy IPO Open Date

The bidding for anchor investors is scheduled for November 5, ahead of the public subscription. The offer is allocated with 75% reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs), and 10% for retail investors.

Swiggy IPO Allotment and Listing Date

Subscription Period: November 6 – November 8

Allotment Date: November 11

Credit to Demat Account & Refund Date: November 12

Listing on BSE and NSE: November 13

The book-running lead managers for the IPO include Kotak Mahindra Capital Company Ltd, JP Morgan India Pvt Ltd, BofA Securities India Ltd, Citigroup Global Markets India Pvt Ltd, Jefferies India Pvt Ltd, Avendus Capital Pvt Ltd, and ICICI Securities. The registrar for the issue is Link Intime India Pvt Ltd.

Alice Blue Image

Also Read: Sun Pharma Q2 Results Shine: ₹3,040 Cr Profit, 20.3% US Sales Boost – Explore Now!

About the Company: Swiggy IPO

Swiggy Ltd is a prominent food delivery and hyperlocal commerce platform, having commenced its food delivery operations in 2014 and expanding into quick commerce in 2020. The company provides food delivery services through Swiggy and delivers household items via Instamart. Additional services include dinner reservations via Dineout, event bookings through SteppinOut, hyperlocal commerce under Swiggy Minis, and pick-up and drop-off services through Genie.

Loading
Read More News
Sagility India Ltd IPO ने दूसरे दिन 0.52x सब्सक्रिप्शन के साथ मजबूत शुरुआत की, अधिक जानकारी यहां पढ़ें!

Sagility India Ltd IPO ने दूसरे दिन 0.52x सब्सक्रिप्शन के साथ मजबूत शुरुआत की, अधिक जानकारी यहां पढ़ें!

Sagility India IPO को दूसरे दिन मिश्रित मांग मिली, जिसमें RII द्वारा 2.24x और कर्मचारियों द्वारा 2.44x सब्सक्रिप्शन हुआ। NIIs