Swiggy Limited

Swiggy Limited

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹371 - ₹390

Total Issue

₹11,325.55 Cr

Bid Dates

06 Nov - 08 Nov

Subscription

3.59x

Est. GMP

₹30 (7.69%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Swiggy is a consumer-centric technology platform that enables users to conveniently browse, order, and pay for food, groceries, and household items, with delivery facilitated through its on-demand network. Its core offerings include Food Delivery, Instamart (quick commerce), Genie (pick-up/drop-off services), Dineout (restaurant reservations), SteppinOut (event bookings), and other hyperlocal services like Swiggy Minis. Swiggy enhances user engagement through loyalty and payment solutions such as Swiggy One, Swiggy Money, and the co-branded Swiggy-HDFC Bank credit card.

Lot Info

Lot Information for Swiggy IPO
Category Lots Shares Amount
Lot information not available

Category Reservation

QIB 75%
NII 15%
Ret 10%
Employee
7,50,000 Shares
Shareholder
₹0.00

Issue Size

Total ₹11,325.55 Cr
Fresh Issue
₹4,499.00 Cr (11.54 Cr Shares)
Offer For Sale
₹6,826.55 Cr (17.51 Cr Shares)

Objects of Issue

  1. Investment in subsidiaries for repayment of borrowings
  2. Expansion of Dark Store network for Quick Commerce segment through setting up of Dark Stores and making lease / license payments for Dark Stores
  3. Investment in technology and cloud infrastructure
  4. Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of our platform, across our segments
  5. Funding inorganic growth through unidentified acquisitions and general corporate purposes

Grey Market Premium

GMP ₹30
Est. Price ₹420
Est. Gain 7.69%

Swiggy IPO Peer Comparison

(Rs. in crores)

Swiggy IPO Peer Comparison Table
Particulars Swiggy Zomato
Revenue from Ops (in Crs.) 11,247.39 12,114.00
EPS - Basic -10.70 0.41
RONW -30.16% 1.72%
Total Orders (In Crs) 57.77 75.32
AOV (Rs. Per order) 460.00 613.00
Price to earning (PE) N.A. 634.50
  • All information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 25, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Swiggy IPO
Particulars Jun-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 3,222.22 11,247.39 8,264.60 5,704.90
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
Total Borrowing 256.61 211.19 0.00 0.00
Total Assets 10,341.24 10,529.42 11,280.65 14,405.74
NAV per share (in ₹) 33.61 35.48 41.88 62.96
EPS - Basic (in ₹) -2.76 -10.70 -19.33 -18.62

KPIs

PB Ratio

10.99

Mkt Cap (in Crs.)

87,298.60

  • All information pertains to FY 2023-24
  • PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

0.00%

Public

100.00%

Management

Anand Kripalu Chairman
Sriharsha Majety MD & CEO
Rahul Bothra CFO

Registrar & Lead Managers

Registrar

Link Intime

Link Intime

Subscription Status

Updated as on 08-Nov-2024 19:00:00

Mainboard Subscription Status for Swiggy IPO
Category Sub (x) Offered Bids
QIB - 52,30,89,494
NII - 1,79,01,724
bHNI - 1,07,03,612
sHNI - 71,98,112
Retail - 3,30,79,304
Employee - 12,37,470
Total - 0 57,53,07,992

Subscription data excludes the Anchor Investor portion.

Frequently Asked Questions

What is Swiggy IPO?
Swiggy IPO is a Mainboard IPO having an issue size of ₹11,325.55 Crs. Swiggy IPO is priced at ₹371 - ₹390 per share. The issue opens on 06 Nov 24 and closes on 08 Nov 24.
When will Swiggy IPO open?
Swiggy IPO opens on 06 Nov 24 and closes on 08 Nov 24.
What is the GMP of Swiggy IPO?
The estimated Grey Market Premium of Swiggy IPO is ₹30 per share (7.69%).
What is the lot size of Swiggy IPO?
The minimum lot size of Swiggy IPO is 38 shares & the minimum application amount is Rs. 14820.
When is the allotment of Swiggy IPO?
The allotment date of Swiggy IPO is 11 Nov 24.
What is the listing date of Swiggy IPO?
The listing date of Swiggy IPO is 13 Nov 24.
What is the subscription of Swiggy IPO?
Swiggy IPO is subscribed 3.59 times.
What is the price band of Swiggy IPO?
Swiggy IPO is priced at ₹371 - ₹390 per share.
How to check allotment status of Swiggy IPO?
Click the allotment link on Swiggy IPO page of IPO360.
How to apply Swiggy IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Swiggy IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Swiggy IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Swiggy IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date