The report added that the Deepinder Goyal-led company might add one or two more investment banks for the fundraise ...
The Swiggy IPO is a book-building issue worth Rs 11,327.43 crore. The mainboard public offer comprises a fresh issue of 11.54 crore shares, worth Rs 4,499 crore, and an offer-for-sale (OFS ...
Swiggy's much-anticipated initial public offering (IPO) is slated to open for public ... mirroring trends seen in peer Zomato. According to Reuters which quoted sources, big investors including ...
Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. Photograph: PTI ...
Swiggy IPO: A Game-Changer or Stick with Zomato? Expert Analysis. As Swiggy launches its much-anticipated IPO, the key question remains: does Swiggy have what it takes to rival Zomato in the stock ...
“Swiggy’s upcoming IPO, alongside Zomato’s strong market performance, sets a precedent for other startups, especially e-commerce/q-commerce companies, looking to go public in India," said ...
marking a 57% discount to rival Zomato’s market cap. The lossmaking Bengaluru-based company has set an IPO price band of ₹371 to ₹390 ($4.41 to $4.64) per share for next month’s IPO.
This pivot has seen significant investments to compete with Zomato and other players in the grocery delivery ... impacting several recent IPO listings. According to Zee Business analysts, this ...
Invesco holds a 2 per cent stake in the company. In 2021, its competitor Zomato launched its IPO at Rs 9,375 crore. Swiggy’s annual revenue as on March 31, 2024, stood at Rs 11,600 crore.
The IPO will be through the book-building route ... The public issue of Swiggy will set up an interesting competition with key rival Zomato, which went public in 2021. Zomato has been on a ...
Zomato is already listed, having gone for a ₹9,375 crore IPO with its shares lately soaring as much as 136.68% in the last year, the report read. Also Read: Ex-Abercrombie CEO pleads not guilty ...