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Open
6 Nov 2024
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Close
8 Nov 2024
3
Allotment
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Listing
Wed, Nov 13, 2024
Price Band
₹371 to ₹390
Issue Size
29,04,68,426 shares (agg. up to ₹11,327 Cr)
Lot Size
38 Shares
Listing Date
Wed, Nov 13, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
13-11-2024₹0Est. ₹390+0%
12-11-2024₹0Est. ₹390+0%
11-11-2024₹1Est. ₹391+0.26%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.42x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 10,341.24 | 10,529.42 | 11,280.65 | 14,405.74 |
| Total Income | 3,310.11 | 11,634.35 | 8,714.45 | 6,119.78 |
| Profit After Tax | -611.01 | -2,350.24 | -4,179.31 | -3,628.90 |
| NET Worth | 7,444.99 | 7,791.46 | 9,056.61 | 12,266.91 |
| Reserves and Surplus | -7,750.85 | -7,880.85 | -6,510.34 | -3,311.10 |
| Total Borrowing | 256.61 | 211.19 | ||
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Brainbees Solutions Ltd. | Mainboard | ₹4,193.73 Cr | ₹465 | -69.91 | ₹679.10 | +46.04% | ₹211.57 (-0.87%) |
| Finelistings Technologies Ltd. | SME | ₹13.53 Cr | ₹123 | 17.44 | ₹133.35 | +8.41% | ₹12.15 (-4.93%) |
| Kaushalya Logistics Ltd. | SME | ₹36.60 Cr | ₹75 | 0.16 | ₹105.00 | +40.00% | ₹28.70 (-2.71%) |
| Net Avenue Technologies Ltd. | SME | ₹10.25 Cr | ₹18 | 8.57 | ₹39.90 | +121.67% | ₹6.35 (+2.42%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in our Material Subsidiary, Scootsy, for repayment or pre-payment, in full or in part, of certain or all of its borrowings; | 164.80 |
| 2 | Investment in our Material Subsidiary, Scootsy, for: (a) expansion of our Dark Store network for our Quick Commerce segment through setting up of Dark Stores; and (b) making lease / license payments for Dark Stores; | 1,178.70 |
| 3 | Investment in technology and cloud infrastructure; | 703.40 |
| 4 | Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of the platform, across our segments; and | 1,115.30 |
| 5 | Funding inorganic growth through unidentified acquisitions and general corporate purposes. | 1,196.78 |
About Swiggy IPO
Founded in 2014, Swiggy Limited provides its users with an easy-to-use platform that they can access via a single app to search, select, order, and pay for food (Food Delivery), grocery and household goods (Instamart) and have orders delivered to their homes via an on-demand delivery partner network. The company has five business units: Food Delivery; Out-of-home consumption, which includes restaurant visits and events; Quick Commerce for the delivery of grocery and household items on demand; Supply chain and distribution: business-to-business (“B2B”) deliveries, warehousing, logistics and distribution for wholesalers and retailers; and Platform innovation for new initiatives and offerings such as Swiggy Genie and Swiggy Minis. The company's platform enables restaurant reservations (Dineout) and event bookings (SteppinOut), product pickups/deliveries (Genie) and other hyperlocal commerce activities (Swiggy Minis and others). The company also offers a membership program called “Swiggy One” with discounts and offers, in-app payment solutions such as a digital wallet “Swiggy Money” (a prepaid payment instrument), “Swiggy UPI” and a Swiggy-HDFC Bank credit card for additional benefits.
Contact Details
Swiggy Ltd. AddressNo.55, Sy No.8-14, Ground Floor, I&J BlockEmbassy Tech Village, Outer Ring RoadDevarbisanahalliBengaluru, Karnataka, 560103+ 91 95907 56603secretarial@swiggy.inVisit Website