India's Swiggy Files for 37.5-Billion-Rupee IPO
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.
Damani expressed concerns that high valuations sought by these companies could stretch the market further, leading to a more ...
SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 ...
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 ...
Ramesh Damani also said that after the strong run up in the markets, he finds valuations in the mid and smallcap space ...
National Stock Exchange of India Ltd.’s valuation in the private markets has doubled to $36 billion in the last four months, ...
India recorded 227 IPOs with deals worth USD 12.2 billion, nearly tripling its 2023 figures. The APAC region saw 575 IPOs ...
Existing shareholders, including Accel India and Tencent Europe, will sell 1.05 crore and 63.27 lakh equity shares, ...
The Skift India Podcast this week explores Leela Hotels’ IPO move, South Africa’s new visa reforms, and Oyo’s acquisition of ...
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India's IPO season is in full swing, with several companies making their market debuts. Among the biggest upcoming IPOs are ...
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