Swiggy IPO Date, Price, Lot, Allotment Details

Swiggy IPO open date is November 6, 2024 and the IPO will close on November 8, 2024. Swiggy IPO is a Book Built Issue. The company to raise around ₹11,327.43 crores via IPO that comprises fresh issue of ₹4,499 crores and offer for sale up to 175,087,863 equity shares with face value of ₹1 each.

Swiggy IPO price band is ₹371 to ₹390 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Swiggy IPO to list on BSE & NSE on November 11, 2024. The allotment of Swiggy IPO date is November 13, 2024.

The company reported revenue of ₹11634.35 crores in 2024 against ₹8714.45 crore in 2023. The company reported loss of ₹2,350.24 crores in 2024 against loss of ₹4,179.31 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Swiggy IPO

Swiggy IPO Details

IPO Open Date:November 6, 2024
IPO Close Date:November 8, 2024
Face Value:₹1 Per Equity Share
IPO Price Band:₹371 to ₹390 Per Share
Issue Size:Approx ₹11,327 Crores
Approx 290,446,837 Equity Shares
Fresh Issue:Approx ₹4,499 Crores
Approx 115,358,974 Equity Shares
Offer for Sale:Approx ₹6,828 Crores
Approx 175,087,863 Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
Discount:₹25 per share for Employees
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Swiggy IPO Market Lot Size

The Swiggy IPO minimum market lot is 38 shares, with ₹14,820 application amount. Retail investors can apply for up to 13 lots, each with 494 shares or ₹1,92,660 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum138₹14,820
Retail Maximum13494₹1,92,660
S-HNI Minimum14532₹2,07,480
B-HNI Minimum682,584₹10,07,760

Swiggy IPO Dates

The Swiggy IPO date is November 6, 2024. and the close date is November 8, 2024. The Swiggy IPO allotment will be finalized on November 11, 2024, and the IPO listing on November 13, 2024.

IPO Open Date:November 6, 2024
IPO Close Date:November 8, 2024
Basis of Allotment:November 11, 2024
Refunds:November 12, 2024
Credit to Demat Account:November 12, 2024
IPO Listing Date:November 13, 2024

Promoters of Swiggy IPO

The company doesn’t have Identifiable promoters.

About Swiggy IPO

Swiggy, headquartered in Bangalore, is the food delivery industry in India. They launched their food delivery service on 1st August 2014, and their main features include quality, variety, reliability, and consistency. Swiggy operates in 580 Indian cities and aims to create a B2C (business-to-consumer) marketplace platform with various restaurant and merchant partners offering different foods. In terms of financial reports, Swiggy’s gross revenue was 17,296.30 in 2024, compared to 14,545.32 in the previous year ending on 30th June. Revenue from operations was 112,473.90 for the financial year 2024, 112,473.90 for 2023, and 57,048.97 for 2022.

Swiggy IPO Company Financial Report

The company reported revenue of ₹11634.35 crores in 2024 against ₹8714.45 crores in 2023. The company reported a loss of ₹2,350.24 crores in 2024 against a loss of ₹4,179.31 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹6,119.78₹9,574.45₹3,628.90₹14,405.74
2023₹8,714.45₹12,884.40₹4,179.31
₹11,280.65
2024₹11,634.35₹13,947.38₹2,350.24
₹10,529.42
June 2024₹3,310.11₹3,907.96₹611.01₹10,341.24

Swiggy IPO Valuation – FY2024

Check Swiggy IPO valuation details like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:-%
ROCE:-%
EBITDA Margin:-%
PAT Margin:-%
Debt to equity ratio:NA
Earning Per Share (EPS):-₹10.70 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):-30.16%
Net Asset Value (NAV):₹35.48

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Zomato Limited0.41742.501.7223.1412,114 Cr.

Objects of the Issue

  • Investment in our Material Subsidiary, Scootsy, for repayment or pre-payment, in full or in part, of certain or all of its borrowings;
  • Investment in our Material Subsidiary, Scootsy, for (a) expansion of our Dark Store network for our Quick Commerce segment through setting up of Dark Stores; and (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 our platform, across our segments; and
  • Funding inorganic growth through unidentified acquisitions and general corporate purposes

Swiggy IPO Review

  • IPO Watch –
  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Swiggy IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West Mumbai 400 083
Maharashtra, India
Phone: +91 810 811 4949
E-mail: [email protected]
Website: www.linkintime.co.in

IPO Lead Managers aka Merchant Bankers

  • Kotak Mahindra Capital Company Limited
  • J.P. Morgan India Private Limited
  • Citigroup Global Markets India Private Limited
  • BofA Securities India Limited
  • Jefferies India Private Limited
  • ICICI Securities Limited
  • Avendus Capital Private Limited

Company Address

Swiggy Limited
No. 55, Sy No. 8-14, Ground Floor,
I&J Block, Embassy Tech Village,
Outer Ring Road, Devarbisanahalli,
Bengaluru 560 103,
Karnataka, India
Phone: +91 95907 56603;
Email: [email protected];
Website: ww.swiggy.com

Swiggy IPO FAQs

What is Swiggy IPO?

Swiggy IPO is a main-board IPO. The company is going to raise ₹11,327.43 Crores via IPO. The issue is priced at ₹371 to ₹390 per equity share. The IPO is to be listed on BSE & NSE.

When Swiggy IPO will open for subscription?

The IPO is to open on November 6, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 8, 2024.

What is Swiggy IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Swiggy IPO?

You can apply for Swiggy IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Swiggy IPO Issue Size?

Swiggy IPO issue size is ₹11,327.43 crores.

What is Swiggy IPO Price Band?

Swiggy IPO Price Band is ₹371 to ₹390.

What is Swiggy IPO Lot Size?

The minimum bid is 38 Shares with ₹14,820 amount.

What is the Swiggy IPO Allotment Date?

Swiggy IPO allotment date is November 11, 2024.

What is the Swiggy IPO Listing Date?

Swiggy IPO listing date is November 13, 2024. The IPO is to list on BSE & NSE.

Note: The Swiggy IPO price band and date are officially announced. The (Swiggy IPO grey market premium) will be added to the IPO GMP page as it will start).
    Share the Post:
    Facebook
    Twitter
    LinkedIn

    3 Responses

    1. Company services are at par with Ola electric. Invest only in good companies who have better future

    OPEN DEMAT ACCOUNT