India's Swiggy Files for 37.5-Billion-Rupee IPO
Swiggy files for $1.25 billion IPO in India's booming stock market
By Aditya Kalra, Ashna Teresa Britto and Haripriya Suresh NEW DELHI/BENGALURU (Reuters) -SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.
Swiggy Files Updated IPO to Raise ₹11,600 Crore
Swiggy reported a substantial reduction in its net loss for the fiscal year 2024, which stood at ₹2,350 crore, down by 44% from ₹4,179 crore in the previous year. The company’s revenue increased by 36%, reaching ₹11,247 crore in FY24 compared to ₹8,265 crore in FY23.
Swiggy files for $1.25Bn India IPO, looks to raise nearly $450Mn in fresh issue
Swiggy, as per its latest updated DRHP submitted to SEBI, is going for a massive ₹10,250 crore (~$1.25B), making it one of the biggest in the country. The issue includes a fresh issue component of ₹3750 crore while an OFS (offer for sale) component worth ₹6500 crore.
Swiggy files for $1.25 billion India IPO
SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion, as the food delivery firm looks to tap a booming stock market in one of India's biggest listings this year.
What Swiggy's IPO Filing Reveals About its Bid to Take on Zomato
In its DRHP, the company highlighted that they plan to open dark stores in existing cities such as Bengaluru, Pune, Mumbai, Kolkata, and other new places
Swiggy Eyes Blockbuster IPO Amid Booming Indian Market
Swiggy, India's fast-growing food delivery and quick commerce giant, has filed papers for an Initial Public Offering (IPO) that could be among the largest in the country this year. The company, backed by Japanese conglomerate SoftBank,
Softbank-backed Swiggy files for US$1.25b IPO in India's booming stock market
The Bengaluru-based start-up is targeting a valuation of US$15 billion through the IPO, said a source. Read more at straitstimes.com.
SoftBank-Backed Swiggy Files for Initial Share Sale in India
Indian food-delivery platform Swiggy Ltd. filed documents for an initial public offering in a share sale that is expected to be one of the nation’s biggest this year.Most Read from BloombergVanderbilt Leases Struggling NYC Seminary for Campus ExpansionNJ Transit,
IPO | SEBI approves Hyundai Motor India’s $3-bn IPO & Swiggy’s $1.25-bn IPO
Big IPOs set to hit the street as market regulator SEBI clears food delivery & quick commerce player Swiggy's confidential IPO filing. Auto major Hyundai's $3 bn issue could be India's biggest ever. Vinnii Motiwala with more details.
India's Swiggy Files for 37.5-Billion-Rupee IPO as Quick Commerce Booms
Bengaluru-based food delivery firm Swiggy said on Thursday that it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
India's Swiggy files for IPO; aims to raise about $450 million
BENGALURU (Reuters) -Softbank-backed food delivery firm Swiggy said on Thursday it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
Swiggy has spawned 46 start-ups worth over ₹6,277 crore
Swiggy's 'Start-up Mafia' spawns 46 ventures with a collective valuation of ₹Rs 6,277 crore, creating over 4,500 jobs.
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Swiggy IPO: India's Second-Largest Food Delivery Platform Files DRHP, Eyes Nearly $10 billion Valuation
The IPO will include a fresh issue of Rs 3,750 crore, with up to Rs 6,950 crore offered for sale by existing investors, based ...
Swiggy Vs Zomato: Food Giant Gears Up For Rs 10,400 Cr IPO; From Financials To Challenges, A Comparison
Swiggy, one of the country’s leading food and grocery delivery platforms, gears up for one of the largest and most ...
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Swiggy's Q1 losses rise to ₹611 crore despite revenue surge
Swiggy, a leading player in India's food-tech industry, has reported an 8% increase in losses for Q1 FY25. The company's ...
Swiggy Submits Updated Papers to SEBI For IPO: 5 Expected Blockbuster Offerings Set to Hit The Market in 2024
As Swiggy fled its updated UDRHP with SEBI yesterday, stock market investors are looking for some blockbuster IPOs. As per ...