India's Swiggy Files for 37.5-Billion-Rupee 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 Eyes Blockbuster IPO Amid Booming Indian Market
Swiggy, India's fast-growing food delivery and quick commerce giant, has filed papers for an Initial Public Offering (IPO) that could be among the largest in the country this year. The company, backed by Japanese conglomerate SoftBank,
Swiggy files for $1.25Bn India IPO, looks to raise nearly $450Mn in fresh issue
Swiggy, as per its latest updated DRHP submitted to SEBI, is going for a massive ₹10,250 crore (~$1.25B), making it one of the biggest in the country. The issue includes a fresh issue component of ₹3750 crore while an OFS (offer for sale) component worth ₹6500 crore.
Swiggy files for $1.25 billion India IPO
SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion, as the food delivery firm looks to tap a booming stock market in one of India's biggest listings this year.
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 straitstimes.com.
Swiggy Files Updated IPO to Raise ₹11,600 Crore
Swiggy reported a substantial reduction in its net loss for the fiscal year 2024, which stood at ₹2,350 crore, down by 44% from ₹4,179 crore in the previous year. The company’s revenue increased by 36%, reaching ₹11,247 crore in FY24 compared to ₹8,265 crore in FY23.
What Swiggy's IPO Filing Reveals About its Bid to Take on Zomato
In its DRHP, the company highlighted that they plan to open dark stores in existing cities such as Bengaluru, Pune, Mumbai, Kolkata, and other new places
Swiggy files for Rs 10,000 crore IPO: Here's all you need to know
Swiggy's IPO will consist of two main parts: a fresh issue of equity shares worth Rs 3,750 crore, and an offer for sale (OFS) of 18.52 crore shares by existing stakeholders.
India's Swiggy files for IPO; aims to raise about $450 million
BENGALURU (Reuters) -Softbank-backed food delivery firm Swiggy said on Thursday it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
India's Swiggy Files for 37.5-Billion-Rupee IPO as Quick Commerce Booms
Bengaluru-based food delivery firm Swiggy said on Thursday that it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
Swiggy files updated draft papers for ₹3,750 crore IPO, to use ₹1,120 crore for Scootsy
The Swiggy IPO consists of a fresh issue of 37,500 million equity shares with a face value of ₹1 each and an offer for sale (OFS) of 185,286,265 equity shares
Decoding Swiggy’s Rs 10,000 crore IPO; PSMC on India’s chip play
Swiggy has filed its updated draft papers with the Securities and Exchange Board of India (Sebi) for an initial public ...
Looking forward to Swiggy IPO? All you need to know before making the order
Swiggy plans to use IPO proceeds to repay debts and expand Instamart. Key allocations include ₹982 crore for Instamart and ...
Swiggy has spawned 46 start-ups worth over ₹6,277 crore
Swiggy's 'Start-up Mafia' spawns 46 ventures with a collective valuation of ₹Rs 6,277 crore, creating over 4,500 jobs.
Swiggy IPO: Rahul Dravid, Amitabh Bachchan, Karan Johar among superstar investors in food tech giant, suggests report
Cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, filmmaker Karan Johar, and actor-entrepreneur Ashish ...