Swiggy gets shareholder nod to upsize IPO fresh issue
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 increases fresh issue portion of IPO to ₹5000 crore, IPO size goes up to $1.4Bn
“The approval has been granted by shareholders for the enabling provision to increase the fresh issue component…this means the company can increase fresh capital raise to Rs 5,000 crore if required,” a person familiar with the matter said.
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.
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 upsizes IPO to Rs 5,000 cr amid growing competition with Zomato: Report
Mumbai: Food tech giant Swiggy has received shareholder approval to increase the size of its primary issue for its upcoming IPO from Rs 3,750 crore to Rs 5,000 crore, media reports said. The decision was made during an Extraordinary General Meeting (EGM) on October 3, reported Moneycontrol.
Swiggy gets shareholders' nod to increase IPO size to Rs 5,000 crore
Only the size of primary issue has been increased from Rs 3,750 crore to Rs 5,000 crore. The offer for sale (OFS) component remains unchanged at Rs 6,664 crore.
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 gets shareholder nod to upsize IPO fresh issue: Report
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 Rs 5,000 crore from Rs 3,750 crore,
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 IPO Size Increases To ₹5,000 Crores With Shareholder Nod | Swiggy's D-Street Ride | ET Now
Swiggy IPO Size Increases To ₹5,000 Crores With Shareholder Nod | Swiggy's D-Street Ride | ET Now#swiggy #delivery #fooddelivery #swiggyipo #ipo #etnow #businessnews #stockmarket
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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