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India's Swiggy files for IPO
Swiggy files for $1.25 billion IPO in India's booming stock market
By Aditya Kalra, Ashna Teresa Britto and Haripriya Suresh NEW DELHI/BENGALURU (Reuters) -SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.
Swiggy files for Rs 10k crore IPO, eyes Diwali listing
Swiggy has filed for an IPO estimated at $1.2 billion, which could increase to $1.4 billion following a shareholder meeting. The company intends to raise Rs 3,750 crore through new shares and the rest from an offer-for-sale by existing investors.
Swiggy files IPO, aims to raise Rs 3,750 crore through fresh issue
Sources, however, added that the company may decide to upsize the fresh issue component by another Rs 5,000 crore, taking the total fresh issue component up to Rs 11,600 crore
inc42
4m
Swiggy Q1: Loss Widens 8% YoY To INR 611 Cr, Operating Revenue Jumps 35%
Swiggy widened its net loss by 8% to INR 611 Cr in Q1 FY25 from INR 564.08 Cr in the year-ago period owing to a surge in ...
3h
Swiggy IPO: 7 key takeaways from updated DRHP
Swiggy's IPO is among the biggest public offers in India this year and is one of the largest offers by a new-age company ...
Your Story
13m
What did it take to build Swiggy? Consumer obsession, says Co-founder Phani Kishan
At TechSparks Bengaluru 2024, Swiggy Co-founder Phani Kishan noted that it's the leadership's consumer obsession which is key to fuelling its IPO dreams.
2h
Swiggy Vs Zomato: Food Giant Gears Up For Rs 10,400 Cr IPO; From Financials To Challenges, A Comparison
Swiggy, one of the country’s leading food and grocery delivery platforms, gears up for one of the largest and most ...
5h
Swiggy's journey to Rs 10,000-crore IPO: A look at its growth, celebrity backing, and rivalry with Zomato
As Swiggy gears up for a mega IPO with its updated DRHP, investors will keenly eye a pie in the massive 2 lakh-crore food ...
10m
on MSN
Swiggy Vs Zomato: After listing, can loss-making Swiggy deliver return like now-profitable Zomato?
In the DHRP filed on September 26, Swiggy said that they have incurred net losses in each year since incorporation and have ...
Fortune India
2h
Swiggy IPO risk factors investors should know
Swiggy’s investors including Accel, Alpha Wave Ventures, Coatue, DST, Elevation Capital, Norwest Venture Partners and Tencent ...
ndtvprofit
41m
Rahul Dravid To Karan Johar: Celebrities Scoop Up Stake In Swiggy Ahead Of IPO
Approximately two lakh shares of Swiggy have been traded in the unlisted market, with several celebrities jumping on the ...
cnbctv18
2h
Swiggy Vs Zomato: Three important factors where the IPO-bound aggregator lags its rival
There are three important factors where IPO-bound Swiggy lags its rival Zomato. Read on to know more about the factors ...
3h
Softbank-backed Swiggy files for US$1.25b IPO in India's booming stock market
The Bengaluru-based start-up is targeting a valuation of US$15 billion through the IPO, said a source. Read more at ...
3h
on MSN
Swiggy IPO: Top 10 things to know about the public offering
Swiggy’s IPO aims to fuel Instamart’s expansion amid fierce competition from BlinkIt and Zepto. While Swiggy has improved its ...
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