Swiggy IPO Details for Investors

On Wednesday, November 6, 2024, Swiggy's first public offering (IPO) is scheduled to open for public subscription. 

Swiggy IPO Details for Investors

View the important information here, including the price range, the most recent GMP, and other details. With online food delivery behemoth Swiggy preparing to make its much awaited initial public offering (IPO) right after Diwali, India's primary markets boom is expected to continue. 

There have been 66 mainboard offerings this year, including the largest-ever offering in Indian markets, the IPO of Hyundai Motor India, and the record-breaking number of applications received by Waaree Energies. The major features of Swiggy's initial public offering (IPO) are as follows

SoftBank-supported Through its first public offering (IPO), which consists of a new issue of 115,358,974 shares and an offer for sale (OFS) of 175,087,863 shares with a face value of Re 1 each, Swiggy hopes to raise Rs 11,327.43 crore. The lot size has not yet been disclosed by the corporation. 

The ten Swiggy stockholders who will be taking part in the OFS include Accel India IV (Mauritius), Apoletto Asia, Alpha Wave Ventures, Inspired Elite Investments, Tencent Cloud Europe, and MIH India Food Holdings.

Swiggy IPO GMP: Swiggy's unlisted shares sold at a substantial premium on Tuesday, according to individuals monitoring grey market activity. The shares were trading at a premium of Rs 130 over the higher end of the pricing range.

Swiggy IPO
Swiggy IPO GMP

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