Swiggy Limited
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.
Price Band₹371 - ₹390 |
Dates06 Nov - 08 Nov |
GMP₹30 (7.69%) |
Subscriptions3.59 times |
Issue Size₹11,325.55 Crs |
Swiggy IPO Objects
- Investment in subsidiaries for repayment of borrowings
- Expansion of Dark Store network for Quick Commerce segment through setting up of Dark Stores and making lease / license payments for Dark Stores
- Investment in technology and cloud infrastructure
- Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of our platform, across our segments
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Swiggy IPO Details
Price Band₹371 - ₹390 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹4,499.00 Cr (11.54 Cr Shares) |
Offer For Sale₹6,826.55 Cr (17.51 Cr Shares) |
Total Issue₹11,325.55 Cr (29.04 Cr Shares) |
Face Value₹1 per equity share |
Swiggy IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
38
14,820
Maximum
13
494
1,92,660
|
|||
| Small HNI |
Minimum
14
532
2,07,480
Maximum
67
2,546
9,92,940
|
|||
| Big HNI |
Minimum
68
2,584
10,07,760
|
|||
Swiggy IPO Subscription
Updated as on 08-Nov-2024 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 6.02 | 8,69,23,475 | 52,30,89,494 |
| NII | 0.41 | 4,34,61,737 | 1,79,01,724 |
| bNII (bids above ₹10L) | 0.37 | 2,89,74,492 | 1,07,03,612 |
| sNII (bids between ₹2L to ₹10L) | 0.50 | 1,44,87,245 | 71,98,112 |
| Retail | 1.14 | 2,89,74,491 | 3,30,79,304 |
| Employee | 1.65 | 7,50,000 | 12,37,470 |
| Total | 3.59 | 16,01,09,703 | 57,53,07,992 |
Subscription data excludes the Anchor Investor portion.
Swiggy IPO GMP
The estimated Grey Market Premium of Swiggy IPO is ₹30 per share (7.69%)
- GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
- The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 15% of Net Offer |
| Employee | 7,50,000 Shares |
Swiggy IPO Financials
| 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 |
- The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | Values |
|---|---|
| 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.
Swiggy IPO Peer Comparision
| 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
Swiggy IPO Peer Comparision
| Particulars | Swiggy |
|---|---|
| Revenue from Ops (in Crs.) | 11,247.39 |
| EPS - Basic | -10.70 |
| RONW | -30.16% |
| Total Orders (In Crs) | 57.77 |
| AOV (Rs. Per order) | 460.00 |
| Price to earning (PE) | N.A. |
| Zomato |
|---|
| 12,114.00 |
| 0.41 |
| 1.72% |
| 75.32 |
| 613.00 |
| 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
Promoter Details
| Name | B |
|---|---|
| N.A. | N.A. |
Management Details
| Name | Designation |
|---|---|
| Anand Kripalu | Chairman |
| Sriharsha Majety | MD & CEO |
| Rahul Bothra | CFO |
Company Details
Name: Swiggy Limited
Address: No. 55, Sy No. 8-14, Ground Floor, I&J Block,
Embassy Tech Village, Outer Ring Road, Devarbisanahalli,
Bengaluru 560 103, Karnataka, India
Number: +91 95907 56603
Email: secretarial@swiggy.in
Website: www.swiggy.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Swiggy IPO is a Mainboard IPO having an issue size of Rs. ₹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.
Swiggy IPO opens on 06 Nov 24 and closes on 08 Nov 24.
The estimated Grey Market Premium of Swiggy IPO is ₹30 per share (7.69%).
The minimum lot size of Swiggy IPO is 38 shares & the minimum application amount is Rs. 14820.
The allotment date of Swiggy IPO is 11 Nov 24.
The listing date of Swiggy IPO is 13 Nov 24.
Swiggy IPO is subscribed 3.59 times.
Swiggy IPO is priced at ₹371 - ₹390 per share.
Click the allotment link on Swiggy IPO page of IPO360.
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