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Swiggy Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Swiggy Ltd IPO

Registered Office: 55 Sy.#8-14 Grnd Flr I&J Block,Embassy Tech (V) ORR Devarbis , Bangalore - 560103 , Karnataka , India.
Phone : +91 95907 56603   Fax:
Email :  secretarial@swiggy.in  
Website :  www.swiggy.com
Initial public offering of 290,494,914* equity shares of face value of Re. 1 each ("Equity Shares") of Swiggy Limited (The "Company or the "Company") for cash at a price of (Rs)390^ per equity share (including a premium of (Rs)389^ per equity share) ("Offer Price") aggregating to (Rs)11327.43 crores^ (the "Offer") comprising a fresh issue of 115,407,051 equity shares aggregating to (Rs)4499.00 crores^ (the "Fresh Issue") and an offer for sale of 175,087,863 equity shares aggregating to (Rs)6828.43 crores (the "Offer for Sale"), consisting of 4,682,842 equity shares aggregating to (Rs)182.63 crores by the individual selling shareholders (as defined hereinafter) and 170,405,021 equity shares aggregating to (Rs)6645.80 crores^ by corporate selling shareholders (as defined hereinafter) (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares"). The offer included a reservation of 750,000 equity shares of face value of Re. 1 each, aggregating to (Rs)27.38 crores, for subscription by eligible employees not exceeding 5% of its post-offer paid-up equity share capital (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 12.98% and 12.94%, respectively, of the fully diluted post-offer paid-up equity share capital of the company. The company, in consultation with the brlms offered a discount of (Rs)25 per equity share to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity share is Re. 1 each and the offer price is 390 times the face value. ^An employee discount of (Rs)25 per equity share was offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Nov-24 08-Nov-24 (Rs)390.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :38  Further Multiples of :38

  (Rs Cr) Lead Managers to the Issue
Project Cost 4358.98
Avendus Capital Pvt Ltd
Project Financed through Current Offer 11327.43  
Post Issue Equity Share Capital 223.84  
Issue Price (Rs)390.00  
 
Projects
Investment in its Material subsidiary scootsy for repayment or pre payment in full or in part of certain or all of its borrowingsInvestment in technology and cloud infrastructure
Expansion of its Dark Store network for its quick commerce segment through dark storesBrand marketing and business promotion expenses for enhancing the brand awareness and visibility of its platform across its segments
Making lease licence payments for dark stroesGeneral corporate purposes
Promoted By
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd 
No Data Found.