Swiggy, IPO
Swiggy gets shareholder nod to use provision to upsize IPO fresh issue, sources say
SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to use a provision that will allow it to increase the size of fresh issue in its IPO to 50 billion rupees ($595 million) from 37.
IPO Tracker: Swiggy Upsizes Fresh Issue Size To ₹5,000 Cr, Should Buyers Buy Or Avoid It? | Watch
The IPO Tracker provides an update on Swiggy's Initial Public Offering (IPO), revealing that the company has increased the size of its fresh issue to ₹5,000 crore. This raises the question of whether potential buyers should consider investing in Swiggy or avoid it altogether.
Swiggy shareholders approve of its plan to upsize IPO to INR 5,000 Cr
One of the biggest food delivery services in India, Swiggy, has increased the amount of its primary issue from ₹3,750 crore to ₹5,000 crore, marking a major step toward its public market debut.
Swiggy IPO: Firm Secures Shareholder Approval To Boost Fresh Issue Size To Rs 5,000 Crore
While Swiggy’s shareholders will offload shares worth Rs 6,664 crore, the overall offering will now increase to $1.4 billion, up from the earlier estimate of $1.25 billion
Swiggy Gets Shareholders' Approval to Raise Fresh Issue Size to Rs 5,000 Crore
Swiggy filed its draft IPO papers with the Securities and Exchange Board of India (Sebi) on September 27, 2024. When the DRHP was filed, the company highlighted that it was supposed to raise a fresh issue of Rs 3,750 crore and also an offer for sale of 18.5 crore shares.
Swiggy gets shareholder nod to increase IPO size
MUMBAI: The shareholders of Swiggy at an extraordinary general meeting (EGM) held on Thursday has approved a resolution to increase the size of the primary issue of its upcoming initial public offering (IPO),
Swiggy shareholders give nod to up IPO fresh issue component to Rs 5,000 crore
Earlier, the food and delivery platform had planned a fresh issue of Rs 3,500 crore and OFS of 185.3 million shares.
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