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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 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 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 $1.25 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.
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.
newsbytesapp.com
10m
Swiggy's Q1 losses rise to ₹611 crore despite revenue surge
Swiggy, a leading player in India's food-tech industry, has reported an 8% increase in losses for Q1 FY25. The company's ...
11m
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 ...
9m
Swiggy IPO: Rahul Dravid, Amitabh Bachchan, Karan Johar among superstar investors in food tech giant: Report
Cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, filmmaker Karan Johar, and actor-entrepreneur Ashish ...
ndtvprofit
1h
India IPO Frenzy Calls For Robust Foreign Flows To Avert Jitters In Listed Stocks
So far this year, about 62 companies have mopped up a total of Rs 84,512.6 crore in the IPO market so far, the highest since ...
1h
Swiggy Submits Updated Papers to SEBI For IPO: 5 Expected Blockbuster Offerings Set to Hit The Market in 2024
As Swiggy fled its updated UDRHP with SEBI yesterday, stock market investors are looking for some blockbuster IPOs. As per ...
11m
on MSN
Swiggy IPO: Accel, Prosus, Elevation, Alpha wave to sell part stakes
The IPO involves a combination of fresh issue of equity shares worth ₹3,750 crore and an offer-for-sale of 185,286,265 equity ...
ndtvprofit
9h
Swiggy IPO: India's Second-Largest Food Delivery Platform Files DRHP, Eyes Nearly $10 billion Valuation
The IPO will include a fresh issue of Rs 3,750 crore, with up to Rs 6,950 crore offered for sale by existing investors, based ...
Bloomberg L.P.
1d
SoftBank-Backed Swiggy Files for Initial Share Sale in India
Swiggy
plans to sell 37.5 billion rupees ($448 million ... according to its updated draft red herring prospectus . Nasper ...
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