Swiggy
Mainboard₹14,820 / 38 Shares
Swiggy IPO Details
The Swiggy IPO price band is set between ₹371-390 per equity share, with a face value of ₹1 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 6 Nov, 2024 and closes on 8 Nov, 2024. Investors can check the allotment status on 11 Nov, 2024, while the listing date is tentatively scheduled for 13 Nov, 2024.
The total issue size is Total ₹11,327.43 Cr :#Fresh Issue : 115,358,974 shares, aggregating up to ₹4,499 Cr. Stay tuned for the latest Swiggy IPO review and GMP updates.
Swiggy IPO Review, Rating & Analysis
Swiggy IPO Review
NO REVIEWSwiggy IPO Rating
Swiggy IPO Highlights
IPO Date
Nov 6, 2024 - Nov 8, 2024
Listing Date
13 Nov, 2024
Face Value
₹1 Per Equity Share
Price Band
₹371-390 per equity share
Lot Size
38 Shares
Fresh Issue
115,358,974 Shares
Offer for Sale
175,087,863 shares of ₹1
Listing At
BSE, NSE
Swiggy IPO Lot Size
The minimum market lot for Swiggy IPO is 38 shares with an application amount of ₹14,820. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 38 | ₹14,820 |
| Retail (Max) | 13 | 494 | ₹1,92,660 |
| S-HNI (Min) | 14 | 532 | ₹2,07,480 |
| S-HNI (Max) | 67 | 2546 | ₹9,92,940 |
| B-HNI (Min) | 68 | 2584 | ₹10,07,760 |
Swiggy IPO Timeline
Issue Price
₹371-390 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Kotak Mahindra Capital Company LimitedCitigroup Global Markets India Private LimitedJefferies India Private LimitedAvendus Capital Pvt LtdJ.P. Morgan India Private LimitedBofa Securities India LimitedICICI Securities LimitedIssue Size
Total ₹11,327.43 Cr :#Fresh Issue : 115,358,974 shares(aggregating up to ₹4,499 Cr) +
#OFS : 175,087,863 shares of ₹1(aggregating up to ₹6,828.43 Cr)
Swiggy IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 10529.42 | 11634.35 | -2350.24 | 7791.46 | -7880.85 | - |
| 31 Mar 23 | 11280.65 | 8714.45 | -4179.31 | 9056.61 | -6510.34 | - |
| 31 Mar 22 | 14405.74 | 6119.78 | -3628.9 | 12266.91 | -3311.1 | - |
All values are in ₹ Cr.
Swiggy IPO Valuations
EPS Pre IPO
-11.07EPS Post IPO
-10.92PE Pre IPO
-35.23PE Post IPO
-35.72ROE
-ROCE
-Debt Equity
-RoNW
-8.21%PAT Margin
-Price to Book Value
11.60Promoters & Share Holding
Promoter(s) Name
- The Company does not have an identifiable promoter in terms of the SEBI ICDR Regulations and the Companies Act.
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 63.56% | 52.97% |
About Company
Swiggy, founded in 2014 and headquartered in Bangalore, is India’s largest online food delivery service, operating across 580+ cities as of 2023. Known for its fast, reliable, and convenient delivery, Swiggy has revolutionized the food delivery industry in India, becoming the go-to platform for millions of users.
In addition to food delivery, Swiggy has been serving millions of customers with the further strength of various premium services, such as instant grocery delivery through Instamart and same-day package delivery across cities through Swiggy Genie. Such diversification helps Swiggy become a dominant player in the on-demand delivery space catering to the growing needs of urban consumers.
The company has very strongly established Swiggy as a go-to platform for on-demand delivery solutions in India with continuous innovation and service expansion.
As of June 30, 2024, Swiggy's Instamart operated a large network of 557 Active Dark Stores across 32 cities in India and as of September 10, 2024, Instamart operated a network of 605 Active Dark Stores across 43 cities in India.As of June 30, 2024, the company employed 5,401 people.
Swiggy IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 86,923,475 | 43,461,737 28,974,491 14,487,246 | 28,974,491 | 160,109,703 |
Day 1 -06-11-24 05:00 PM | 0.00 x | 0.06 0.03 x 0.12 x | 0.54 x | 0.12 x |
Day 2 -07-11-24 05:00 PM | 0.28 x | 0.14 0.10 x 0.21 x | 0.84 x | 0.35 x |
Day 3 -08-11-24 05:00 PM | 6.02 x | 0.41 0.37 x 0.50 x | 1.14 x | 3.59 x |
Retail:0.90x
BHNI:0.06x
SHNI:0.42x times
Company Contact Details
Swiggy
No. 55, Sy No. 8-14, Ground Floor, I&J Block, Embassy Tech Village, Outer Ring Road, Devarbisanahalli, Bengaluru - 560 103Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: swiggy.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions about Swiggy IPO
When will Swiggy IPO open for subscription?
The Swiggy IPO opens on 6 Nov, 2024 and closes on 8 Nov, 2024.
What is the investors portion for Swiggy IPO?
The investors' portion for QIB is 6.02 x, NII is 0.37 x, and Retail is 1.14 x.
How to apply for Swiggy IPO?
You can apply for Swiggy IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Swiggy IPO?
The issue size of Swiggy IPO is approx ₹Total ₹11,327.43 Cr :#Fresh Issue : 115,358,974 shares(aggregating up to ₹4,499 Cr) +#OFS : 175,087,863 shares of ₹1(aggregating up to ₹6,828.43 Cr) crores.
What is the price band of Swiggy IPO?
The price band for Swiggy IPO is ₹371 to ₹390 per equity share.
What is the lot size of Swiggy IPO?
The minimum bid (lot size) for Swiggy IPO is N/A shares with an investment of approx ₹14,820 .
What is the allotment date of Swiggy IPO?
The allotment date for Swiggy IPO is 11 Nov, 2024.
What is the listing date of Swiggy IPO?
The listing date for Swiggy IPO is expected to be 13 Nov, 2024.
What is the GMP of Swiggy IPO?
The latest Grey Market Premium (GMP) for Swiggy IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.