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, 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 has filed its first DRHP with SEBI, preparing for an IPO. The filing indicates a fresh issue component of Rs 3,750 crore and an offer for sale of 18.53 crore shares.

Swiggy IPO is a combination of fresh issue of equity shares worth Rs 3,750 crore, and an offer-for-sale of 18.52 crore equity shares by the existing shareholders.

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.

September, 235 companies have gone public in India's booming IPO market, raising more than $8.6 billion, LSEG data showed

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.