{"id":18262,"date":"2024-11-05T16:10:58","date_gmt":"2024-11-05T16:10:58","guid":{"rendered":"https:\/\/wordpress-1147733-4643473.cloudwaysapps.com\/news\/unlocking-opportunities-a-guide-to-the-upcoming-swiggy-ipo-opportunity\/"},"modified":"2024-11-05T16:10:58","modified_gmt":"2024-11-05T16:10:58","slug":"unlocking-opportunities-a-guide-to-the-upcoming-swiggy-ipo-opportunity","status":"publish","type":"post","link":"https:\/\/rvrising.com\/blogs\/news\/unlocking-opportunities-a-guide-to-the-upcoming-swiggy-ipo-opportunity\/","title":{"rendered":"Unlocking Opportunities: A Guide to the Upcoming Swiggy IPO Opportunity"},"content":{"rendered":"

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Established in 2014, Swiggy Limited has become a prominent player in India’s expanding on-demand delivery industry. With its intuitive app, Swiggy connects millions of users to a variety of services, extending beyond food delivery to include grocery and logistics solutions. Focused on convenience and innovation, Swiggy has established itself as a key player, particularly in urban areas across India.<\/p>\n

Now, Swiggy is inviting investors to participate in its growth journey through an Initial Public Offering (IPO) scheduled for November 2024. This IPO consists of a book-built issue totaling \u20b911,327.43 crores, featuring a fresh issue of \u20b94,499 crores alongside an offer for sale worth \u20b96,828.43 crores.<\/p>\n

Let’s dive into the Swiggy IPO and how HDFC Sky’s ‘One-Click IPO’ tool makes investing effortless, allowing you to easily participate in this exciting growth opportunity in the on-demand delivery market.<\/p>\n

To participate in the Swiggy IPO, investors should ensure they open demat account<\/strong><\/a> to facilitate seamless transactions.<\/p>\n

About Swiggy<\/strong><\/p>\n

Swiggy is a consumer-first technology company offering a unified platform for convenience services through a single app. Users can order food, groceries, and household items, reserve restaurants, book events, and use pick-up\/drop-off services across Swiggy’s offerings like Food Delivery, Instamart, Dineout, SteppinOut and Genie.<\/p>\n

As a pioneer in hyperlocal commerce in India, Swiggy launched Food Delivery in 2014, followed by Quick Commerce in 2020, establishing itself as an industry leader. Swiggy’s membership program, “Swiggy One,” provides users with discounts, while in-app payment options like “Swiggy Money,” Swiggy UPI, and an HDFC co-branded credit card simplify transactions.<\/p>\n

Swiggy supports partners with business tools like analytics, fulfillment solutions, and last-mile delivery. Its multi-tenant technology stack enables quick integration of new services, boosting convenience and efficiency. Recognised as India’s leading Consumer Technology & Services brand in Kantar’s 2024 BrandZ report, Swiggy leverages its strong reputation to enhance user engagement, scale rapidly, and create earning opportunities for partners.<\/p>\n

Swiggy IPO Details<\/strong><\/p>\n

Participating in the Swiggy IPO presents an exciting opportunity for equity trading<\/strong><\/a>, allowing investment in a leading brand within the growing delivery market.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
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Swiggy IPO Details<\/strong><\/p>\n<\/td>\n

\n

Information<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

IPO Date<\/strong><\/p>\n<\/td>\n

\n

November 6, 2024 to November 8, 2024<\/p>\n<\/td>\n<\/tr>\n

\n

Listing Date<\/strong><\/p>\n<\/td>\n

\n

November 13, 2024<\/p>\n<\/td>\n<\/tr>\n

\n

Face Value<\/strong><\/p>\n<\/td>\n

\n

\u20b91 per share<\/p>\n<\/td>\n<\/tr>\n

\n

Price Band<\/strong><\/p>\n<\/td>\n

\n

\u20b9371 to \u20b9390 per share<\/p>\n<\/td>\n<\/tr>\n

\n

Lot Size<\/strong><\/p>\n<\/td>\n

\n

38 Shares<\/p>\n<\/td>\n<\/tr>\n

\n

Total Issue Size<\/strong><\/p>\n<\/td>\n

\n

290,446,837 shares (aggregating up to \u20b911,327.43 Cr)<\/p>\n<\/td>\n<\/tr>\n

\n

Fresh Issue<\/strong><\/p>\n<\/td>\n

\n

115,358,974 shares (aggregating up to \u20b94,499.00 Cr)<\/p>\n<\/td>\n<\/tr>\n

\n

Offer for Sale<\/strong><\/p>\n<\/td>\n

\n

175,087,863 shares (aggregating up to \u20b96,828.43 Cr)<\/p>\n<\/td>\n<\/tr>\n

\n

Employee Discount<\/strong><\/p>\n<\/td>\n

\n

\u20b925 per share<\/p>\n<\/td>\n<\/tr>\n

\n

Issue Type<\/strong><\/p>\n<\/td>\n

\n

Book Built Issue IPO<\/p>\n<\/td>\n<\/tr>\n

\n

Listing At<\/strong><\/p>\n<\/td>\n

\n

BSE, NSE<\/p>\n<\/td>\n<\/tr>\n

\n

Shareholding (Pre-Issue)<\/strong><\/p>\n<\/td>\n

\n

2,123,066,748 shares<\/p>\n<\/td>\n<\/tr>\n

\n

Shareholding (Post-Issue)<\/strong><\/p>\n<\/td>\n

\n

2,238,425,722 shares<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/strong>Swiggy IPO Timeline (Tentative Schedule)<\/strong><\/p>\n\n\n\n\n\n\n\n\n
\n

IPO Open Date<\/p>\n<\/td>\n

\n

Wednesday, November 6, 2024<\/p>\n<\/td>\n<\/tr>\n

\n

IPO Close Date<\/p>\n<\/td>\n

\n

Friday, November 8, 2024<\/p>\n<\/td>\n<\/tr>\n

\n

Basis of Allotment<\/p>\n<\/td>\n

\n

Monday, November 11, 2024<\/p>\n<\/td>\n<\/tr>\n

\n

Initiation of Refunds<\/p>\n<\/td>\n

\n

Tuesday, November 12, 2024<\/p>\n<\/td>\n<\/tr>\n

\n

Credit of Shares to Demat<\/p>\n<\/td>\n

\n

Tuesday, November 12, 2024<\/p>\n<\/td>\n<\/tr>\n

\n

Listing Date<\/p>\n<\/td>\n

\n

Wednesday, November 13, 2024<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Swiggy IPO Reservation<\/strong><\/p>\n