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SWIGGY LIMITED

Main Board

Issue Price

₹ 371-₹ 390

per equity share

Issue Size

16.01 crores

equity share

Face Value

₹ 1

per equity share

Market Lot

38

equity share

Please note

Listing at BSE ,NSE

SWIGGY LIMITED

Important Dates

IPO Open Date

06 Nov 2024

IPO Close Date

08 Nov 2024

Allotment Date

11 Nov 2024

Initiation of Refunds

12 Nov 2024

Credit of Shares to Demat Account

12 Nov 2024

IPO Listing Date

13 Nov 2024

UPI Mandate Expiry Date

08 Nov 2024

IPO Details

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.

Parent Organisation

-

Founded

2014

Managing Director

Sriharsha Majety

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. 

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked
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