Status
Listed
Price band
₹371–₹390
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
38 shares
Minimum money
₹14,820 for 1 lot
Issue size
₹11,327.43 crore
Dates
6 Nov 2024 – 8 Nov 2024
Official links
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Swiggy Ltd. IPO is listed. It opens on 6 Nov 2024 and closes on 8 Nov 2024. The price band is ₹371 to ₹390. One lot is 38 shares, and the minimum amount is ₹14,820. The issue size is ₹11,327.43 crore, with a fresh issue of ₹4,499.51 crore and an offer for sale of ₹6,827.92 crore. In FY24, total income was ₹11,634.35 crore and profit after tax was ₹-2,350.24 crore. Total income was up 33.5% from ₹8,714.45 crore in FY23. Profit after tax was up 43.8% from ₹-4,179.31 crore in FY23.
The total subscription for Swiggy Ltd. is 3.59 times.
Swiggy Ltd. listed at ₹420.
Swiggy runs a food delivery app and Instamart, a quick commerce grocery service. It operates across many Indian cities.
Dates
Opens
6 Nov 2024
Closes
8 Nov 2024
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
11 Nov 2024
Refunds
12 Nov 2024
Demat credit
12 Nov 2024
Listing
13 Nov 2024
Objects of the issue
- Investment in our Material Subsidiary, Scootsy, for repayment or pre-payment, in full or in part, of certain or all of its borrowings
- Investment in our Material Subsidiary, Scootsy, for: (a) expansion of our Dark Store network for our 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 the platform, across our segments
- and
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Subscription
Subscribed 3.59x overall. Final, as of 8 Nov 5 pm IST.
Total
3.59x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹4,499.51 crore |
| Offer for sale | ₹6,827.92 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 10% |
| Large bids | 15% |
| Big funds | 75% |
Issue
- Face value
- ₹1
- Fresh issue
- ₹4,499.51 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹6,827.92 crore
- Exchanges
- BSE, NSE
- Registrar
- MUFG Intime India Pvt. Ltd.
Reservation
- Retail
- 10%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 75%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY22 | ₹6,119.78 crore | −₹3,628.9 crore |
| FY23 | ₹8,714.45 crore | −₹4,179.31 crore |
| FY24 | ₹11,634.35 crore | −₹2,350.24 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY22 | ₹12,266.91 crore |
| FY23 | ₹9,056.61 crore |
| FY24 | ₹7,791.46 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY22 | 6,119.78 | -3,628.9 | 12,266.91 | — | — |
| FY23 | 8,714.45 | -4,179.31 | 9,056.61 | — | — |
| FY24 | 11,634.35 | -2,350.24 | 7,791.46 | — | — |
Listing
- Listing price
- ₹420
- Close on listing day
- ₹456
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 7.69% versus ₹390
Frequently asked questions
When does this issue open?
It opens on 6 Nov 2024 and closes on 8 Nov 2024.
What is the lot size and the minimum amount?
One lot is 38 shares. The minimum amount is ₹14,820 for 1 lot.
When are allotment and listing?
Allotment is on 11 Nov 2024. Listing is on 13 Nov 2024.
What is the price band?
The price band is ₹371 to ₹390.
What is the issue size?
The issue size is ₹11,327.43 crore.
How many times was it subscribed?
The total subscription is 3.59 times, checked 8 Nov 2024, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 7.69%.
This page is a calendar of dates and prices. It is not a recommendation to apply.