74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Swiggy IPO (Swiggy Limited IPO) Detail

Swiggy IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 11327.43 Cr. The company is based in Bangalore and caters to Online Service Provider sector. Avendus Capital , Citigroup Global Markets India , J.P. Morgan India , Jefferies India , Kotak Mahindra Capital Company are the merchant bankers of Swiggy IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th September 2024.

Swiggy IPO open date is 6th November 2024 and close date is 8th November 2024. IPO Allotment Date is 11th November 2024 and Listing date is 13th November 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 11327.43 Cr. Avg IPO Size (Sector Based) : ₹ 2,131.73 cr.
  • Sector: Online Service Provider IPO so far: 14
  • Merchant Banker: Avendus Capital IPO by BRLM so far: 2
  • City: Bangalore IPO so far: 44
  • Revenue (annualised): ₹ 13240.44 cr.
            PAT: (annualised): ₹ -2444.04 cr. Read Financial Information >>
  • PE Ratio: -35.72x Average Sector PE Ratio: 23.64x

Swiggy IPO Date

Date of DRHP:
26th September 2024
IPO Open Date:
6th November 2024
IPO Close Date:
8th November 2024
IPO Allotment Date:
11th November 2024
Initiation of Refund:
12th November 2024
IPO Listing Date:
13th November 2024

Swiggy Limited IPO Info, Size, Subscription

Swiggy IPO size is ₹ 11327.43 Cr. with IPO price of ₹ 390.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 11327.43 Cr.

Issue Price:
₹ 390.00

Market Capitalisation :
₹ 87298.60 Cr.

PE multiple :
-35.72

Subscription :
3.59 times

Pre Issue Promoter Holding :
63.56 %

Post Issue Promoter Holding :
52.97 %

Swiggy IPO Information

Sub Sector : app to search, select, order, and pay for food (Food Delivery), grocery and household goods
Swiggy is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app - to browse, select, order and pay for food (“Food Delivery”), grocery and household items (“Instamart”), and have their orders delivered to their doorstep through their on-demand delivery partner network. The platform can be used to make restaurant reservations (“Dineout”) and for events bookings (“Stepp in Out”), avail product pick-up/ drop-off services (“Genie”) and engage in other hyperlocal commerce (Swiggy Minis, among others) activities. Being among the first hyperlocal commerce platforms, Swiggy has successfully pioneered the industry in India, launching Food Delivery in 2014 and Quick Commerce in 2020, and due to the pioneering status of Swiggy, it is well-recognised as a leader in innovation in hyperlocal
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Object of Issue (Swiggy Limited IPO Objectives)

  • Investment in the Material Subsidiary, Scootsy, for repayment or pre-payment, in full or in part, of certain or all of its borrowings.
  • Investment in the Material Subsidiary, Scootsy, for (a expansion of Dark Store network for Quick Commerce segment through setting up of Dark Stores (b making lease/license payments for Dark Stores.
  • Investment in technology and cloud infrastructure.
  • Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of its platform, across segments.
  • Funding inorganic growth through unidentified acquisitions .
  • general corporate purposes.

Avendus Capital Private Limited is the book-running lead manager of the Swiggy IPO. Link Intime India Private Limited is the Registrar for Swiggy IPO.

Swiggy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Swiggy IPO?

Swiggy IPO, based in Bangalore, operates in the   Online Service Provider sector with a focus on app to search, select, order, and pay for food (Food Delivery), grocery and household goods. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Swiggy IPO size is ₹ 11327.43 Cr. with fresh issue size of ₹ 4499.00 Cr. and Offer for sale being ₹ 6828.43Cr.

When is Swiggy Limited IPO allotment?

The IPO allotment date for Swiggy IPO is expected to be 11th November 2024, after the finalization of basis of allotment. Investors can check Swiggy IPO allotment status on the registrars website, Link Intime India Private Limited . Swiggy IPO refund dates are 12th November 2024.

When is Swiggy IPO listing date?

Swiggy IPO is expected to be listed on 13th November 2024.

What is the price band for Swiggy Limited IPO?

The upper price band for the Swiggy IPO is set at ₹ 390.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Swiggy IPO Review?

For IPO analysis on Swiggy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Swiggy IPO?

To apply for the Swiggy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th November 2024. After submission, funds are blocked until the basis of allotment of Swiggy IPO is finalised.

Who is the merchant banker of Swiggy Limited IPO?

The merchant banker for Swiggy IPO is Avendus Capital Private Limited , Citigroup Global Markets India Private Limited , J.P. Morgan India Private Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited . Avendus Capital Private Limited , Citigroup Global Markets India Private Limited , J.P. Morgan India Private Limited , Jefferies India Private Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Swiggy IPO RHP for further details.

Who is the Registrar of Swiggy IPO?

The registrar for Swiggy IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Swiggy IPO through their official website or helpline.

What is the Swiggy IPO subscription?

Swiggy IPO was subscribed 3.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Swiggy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Swiggy Financial Review Page

Swiggy IPO subscription was 3.59 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Swiggy IPO listed at a listing price of 455.95 against the offer price of 390.00.

The current market price of Swiggy is 356.45.

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