Swiggy IPO
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Business
Swiggy IPO Opens Tomorrow: All You Need to Know About Investment, Price Band, and Listing Date
Swiggy, the food and grocery delivery giant, is set to open its IPO on November 6, 2024, closing on November 8. The public offering, valued at Rs 11,327.43 crore, consists of a fresh issue worth Rs 4,499 crore and an offer for sale (OFS) worth Rs 6,828.43 crore. Retail investors can enter at a price band of Rs 371-390 per…
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Business
Swiggy Targets Rs 3,750 Crore in IPO, Set for Major Indian Listing
Swiggy, the food delivery giant backed by SoftBank, announced on Thursday its plan to raise Rs 3,750 crore ($448.56 million) through its upcoming initial public offering (IPO). This move positions the company for one of India’s largest stock market debuts this year. According to Swiggy’s draft prospectus, existing investors such as Accel India and Tencent Europe will offload around 185.3…
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Business
Swiggy Targets Rs 5,000 Crore from IPO, Sets Sights on $15 Billion Valuation
Swiggy is gearing up to raise Rs 5,000 crore through its upcoming IPO, marking an increase from its earlier target of Rs 3,750 crore. The Bengaluru-based food and grocery delivery giant has reportedly approved a special resolution to issue equity shares worth up to Rs 5,000 crore, pending shareholder approval at its Extraordinary General Meeting (EGM) scheduled for October 3.…
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