SWIGGY LIMITED

06 Nov 2024 - 08 Nov 2024 Individual Category IPO BSE NSE

Min Investment

₹14820

Price Band

₹371-₹390

Issue Size

1601.1 lakhs
Equity Shares

Lot Size

38

IPO Dates
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06 Nov 2024

Open Date

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08 Nov 2024

Close Date

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11 Nov 2024

Allotment Date

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13 Nov 2024

Listing Date

Swiggy IPO issue size is 16.01 crore equity shares. This IPO is a combination of a fresh issue and an offer for sale. The price band is decided at Rs 371 to Rs 390 per share. Swiggy IPO 1 lot consists of 38 shares. The minimum investment for the retail category is to be around Rs 14,820. The allotment status will be released on Monday, November 11, 2024. The listing will be on the BSE, NSE platform on Wednesday, November 13, 2024. Swiggy IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on Link Intime India and, select the name of the company and enter PAN number or application ID to know their allotment status.

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About Swiggy Limited

Swiggy Limited was founded in 2014 and is engaged in the business of online food delivery and other services. It provides services like food delivery, quick commerce, same-day package delivery, Laundry, Meal delivery and other services. Swiggy was founded by BITS Pilani graduates Nandan Reddy and Sriharsha Majety. The company's mission is to improve the quality of life in urban cities by offering convenience. The company uses cutting-edge technology and a membership program called Swiggy One to provide a superior experience to its customers.

Founded

2014

Managing Director

Sriharsha Majety

Parent Organization

IPO Objectives

Swiggy IPO objective is to provide better delivery services to its customers and to increase the delivery network. The fund will be used for Investment in technology and cloud infrastructure. Also for brand marketing and business promotion expenses for enhancing the brand awareness and visibility of its platform, across segments. This IPO fund will be used for the investment in the customer acquisition and investment in a new startup. 

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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IPO Allotment

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