Swiggy Limited,India's On Line food & Grocery delivery company ( The Company) proposes to open its Initial public Offering (Offer) on Wednesday ,November,06,2024. Bid/Offer closing on on November,08,2024.Anchor investor bidding date is one working day prior to Bid/Offer opening date,that is Tuesday,November,05,2024. The Price Band of the offer has been fixed from Rs.371/- per equity share to Rs.390/- per equity share. Bids can be made for a minimum of 38 equity shares & in multiples of 38 equity shares thereafter.
SWIGGY forayed into food delivery eco system in 2014 after Three friends
Sriharsha Majety, Nandan Reddy,& Rahul Jain decided to start the service. Swiggy & Zomato dominate the food delivery market.
SWIGGY IPO Size: The issue combines a fresh issue of 11.54 crore shares & an Offer for sale (OFS) of 17.51 shares. From the sale of fresh issue of shares,the Company will raise Rs.4499 crores.
IPO Listing; The shares of the Company may be listed in BSE /NSE on November,13,2024.
For further information Please read the RHP .
