Swiggy raises ₹5,085 cr from anchor investors; IPO opens today
The food delivery company looks to raise ₹11,300 crore via IPO, which is the second biggest issue of the year after Hyundai Motor India.
swiggy ipo
November 2024
October 2024
September 2024
Loss-making Swiggy’s ₹11,327 cr IPO ‘overvalued’: Brokerages
Brokerages remained skeptical about Swiggy’s negative bottomline and cash flows; and intense competition from rivals Zomato, Zepto, and others.
Swiggy to raise ₹11,300 cr at price band of ₹371-390; IPO to open on Nov 6
The IPO is a mixture of a fresh issue of shares worth ₹4,500 crore and an offer for sale of ₹6,800 crore by existing shareholders.
Swiggy IPO risk factors investors should know
Swiggy's net loss widened to ₹611 crore during the June quarter as against a loss of ₹564 crore a year ago.
Hindustan Composites picks up stake in IPO-bound Swiggy; stock surges 9%
The auto ancillary company plans to acquire 1.5 lakh shares, or 0.01% stake, in Swiggy in an all-cash deal worth ₹5.18 crore.
