The objective of the Issue
The company proposes to utilize the Net Proceeds towards funding the following objects:
- Investment in the Material Subsidiary, Scootsy, for repayment or pre-payment, in full or in part, of certain or all of its borrowings.
- Investment in the Material Subsidiary, Scootsy, for (a) expansion of Dark Store network for Quick Commerce segment through setting up of Dark Stores; and (b) 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 its platform, across segments.
- Funding inorganic growth through unidentified acquisitions and general corporate purposes.
IPO Details, Price, Market Lot
| IPO Details | |
| IPO Open Date | 6 November 2024 |
| IPO Close Date | 8 November 2024 |
| IPO Issue Size | 290,446,837 Shares (Aggregating up to ₹11,327.43 Cr) |
| Fresh Issue | 115,358,974 Shares (Aggregating up to ₹4,499.00 Cr) |
| Offer for Sale | 175,087,863 Shares (Aggregating up to ₹6,828.43 Cr) |
| Retail Portion | Not more than 10% of the Net Issue |
| NII Portion | Not more than 15.00% of the Net Issue |
| QIB Portion | Not less than 75% of the Net Issue |
| Listing At | BSE, NSE |
| IPO Price | |
| Face Value | ₹1 Per Share |
| IPO Price Band | ₹371 to ₹390 Per Share |
| Employee Discount | ₹25 Per Share |
| IPO Issue Type | Book Built Issue |
| IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 38 Shares |
| Minimum Lot Size | 1 Lot (38 Shares) |
| Minimum Amount (Cut-off price) | ₹14,820 |
| Maximum Lot Size | 13 Lots (494 Shares) |
| Maximum Amount (Cut-off price) | ₹1,92,660 |
| IPO Market Lot For S-HNI | |
| No. of Shares Per Lot | 38 Shares |
| Minimum Lot Size | 14 Lots (532 Shares) |
| Minimum Amount (Cut-off price) | ₹2,07,480 |
| Maximum Lot Size | 67 Lots (2,546 Shares) |
| Maximum Amount (Cut-off price) | ₹9,92,940 |
| IPO Market Lot For B-HNI | |
| No. of Shares Per Lot | 38 Shares |
| Minimum Lot Size | 68 Lots (2,584 Shares) |
| Minimum Amount (Cut-off price) | ₹10,07,760 |
IPO Date, Listing Date, Allotment Date
| Time Table (Tentative) | |
| IPO Open Date | 6 November 2024 |
| IPO Close Date | 8 November 2024 |
| Basis of Allotment Date | 11 November 2024 |
| Initiation of Refunds | 12 November 2024 |
| Credit of Share to Demat Account | 12 November 2024 |
| IPO Listing Date | 13 November 2024 |
Financial Report
| Period Ended | Assets (₹ in Crore) |
Revenue (₹ in Crore) |
P A T (₹ in Crore) |
Net Worth (₹ in Crore) |
Borrowings (₹ in Crore) |
| 30 June 2024 | 10,341.24 | 3,310.11 | -611.01 | 7,444.99 | 256.61 |
| 31 March 2024 | 10,529.42 | 11,634.35 | -2,350.24 | 7,791.46 | 211.19 |
| 31 March 2023 | 11,280.65 | 8,714.45 | -4,179.31 | 9,056.61 | |
| 31 March 2022 | 14,405.74 | 6,119.78 | -3,628.9 | 12,266.91 |
| Period Ended | 30 June 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 10,341.24 | 10,529.42 | 11,280.65 | 14,405.74 |
| Revenue | 3,310.11 | 11,634.35 | 8,714.45 | 6,119.78 |
| P A T | -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 |
| Borrowings | 256.61 | 211.19 | ||
| Amount in ₹ Corre | ||||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 63.56% |
| Post Issue Promotor Holding |
Company Address
Swiggy Limited
Registered Office: No. 55, Sy No. 8-14, Ground Floor, I&J Block, Embassy Tech Village, Outer Ring Road, Devarbisanahalli, Bengaluru – 560 103
Phone: + 91 95907 56603
Email: secretarial@swiggy.in
Website: https://www.swiggy.com/
IPO Registrar, Lead Manager, Prospectus
| IPO Prospectus |
| IPO Registrar |
| Link Intime India Private Ltd |
| IPO Lead Manager |
|
