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Swiggy Ltd IPO; Key GMP Updates You Need to Know! Discover More

Swiggy Limited IPO offers shares at ₹371 - ₹390, with a ₹20 Grey Market Premium. The subscription runs from November 6 to November 8, 2024.
Swiggy Ltd IPO; Key GMP Updates You Need to Know! Discover More

Swiggy Limited IPO has a ₹20 Grey Market Premium as of November 5, 2024, with a price range from ₹371 to ₹390 per share. Available in 38 share lots, the subscription window is open from November 6 to November 8, 2024.

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Swiggy Limited IPO GMP Today

The Grey Market Premium (GMP) for Swiggy Limited is ₹20 as of November 5, 2024. This assessment coincides with a price from ₹371 to ₹390 per share for the IPO.

Swiggy Limited IPO Review

Swiggy’s revenue has improved from ₹82,645.96 million in March 2023 to ₹112,473.90 million in March 2024. The company experienced substantial losses, with a loss of ₹41,793.05 million in March 2023, which narrowed to ₹23,502.43 million by March 2024.

The company’s equity strengthened from ₹882,645.96 millions in FY2023 to ₹112,473.90 millions in FY2024. NAV per share declined from ₹41.88 in March 2023 to ₹35.48 in March 2024, Swiggy showcased strong liquidity and reduced reliance on debt.

To get a full IPO review, click here Swiggy IPO

Swiggy Limited IPO Date

Swiggy Limited will start accepting subscriptions from November 6 to November 8, 2024.

Swiggy Limited IPO Price

Swiggy Limited’s price range is from ₹371 to ₹390 per share with a face value of ₹1 each.

Swiggy Limited

Swiggy is a consumer-focused tech platform offering a unified app for convenient food delivery, groceries, and household items. Through on-demand delivery, users can order, reserve tables, book events, and access services like pick-up/drop-off. Swiggy collects payments, covering product and delivery costs, and transfers these to partners, retaining fees for services like Food Delivery, Instamart, and Genie.

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How To Apply For Swiggy Limited IPO?

To apply for the Swiggy Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Swiggy Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Swiggy Limited IPO at Alice Blue in just a few clicks!

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