Swiggy may price its IPO at Rs 371-390, valuing the company at $11.3 billion
Swiggy may fix the IPO price band at Rs 371-390, valuing it at $11.3 billion. The IPO was reduced due to market volatility and Hyundai India's lacklustre debut. Swiggy's last private round valuation was $10.
Swiggy likely to price $1.4 bln IPO at 371-390 rupees/share, sources say
Indian food delivery giant Swiggy will likely price its $1.4 billion initial public offering at 371-390 rupees per share, sources with direct knowledge of the matter told Reuters on Monday.
Swiggy Reduces IPO Valuation by 25%, BlackRock & CPPIB To Invest
Swiggy has reduced its IPO valuation to $11.3 billion, which is 25% lower than its initial target of $15 billion. This decision was influenced by mark
Swiggy Cooked Up for IPO Feast: A Rs 11,300 Crore Venture
Swiggy aims to raise Rs 11,300 crore through its IPO opening on November 6, with shares priced between Rs 371 and Rs 390. The IPO, combining new shares and an offer for sale, highlights the growth of this valuable food delivery company as it expands its operations and infrastructure.
Swiggy IPO Opens Nov 6: Rs 11,300 cr, Price Band Rs 371-390
Swiggy's initial public offering (IPO) will open for subscription on November 6th, aiming to raise Rs 11,300 crore. The price band is set at Rs 371 to Rs 390 per share. Learn more about the IPO details and key investors.
Swiggy sets IPO price at Rs 390 at upper end, to launch $1.35 billion public issue in early November
Swiggy's competitor Zomato, which launched its IPO in July 2021 at Rs 9,375 crore, has seen its stock surge by over 136 percent in the past year, highlighting the market’s appetite for high-growth food-tech platforms.
Swiggy Sets IPO Price Band At INR 371-390
Foodtech major Swiggy has reportedly set the price band of its upcoming initial public offering (IPO) at INR 371-390.
Swiggy cuts IPO valuation again, to $11.3 billion, BlackRock and CPPIB to invest, sources say
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of $15 billion as market volatility and the lacklustre debut of Hyundai India weigh on sentiment,
Swiggy trims valuation target to $11.3 billion for IPO
Swiggy plans a Rs 11,327 crore IPO on Nov 6, aiming for $11.3 billion valuation, adjusted from up to $13 billion due to market conditions. Prosus, Accel, and Elevation Capital will sell part of their stakes.
BlackRock, Canada's top pension plan to invest $1.4B in Swiggy IPO in India: Reuters
BlackRock (NYSE:BX) and the Canada Pension Plan Investment Board (CPPIB) will invest $1.4B in the initial public offering of Indian food-delivery giant Swiggy, Reuters reported Sunday, citing two sources.
All you need to know about Swiggy’s IPO next week
Scheduled to open from November 6 to 8, Swiggy aims to raise approximately $1.35 billion (₹11,700 crore), potentially ...
Swiggy IPO: Zomato's Rival Coming Soon, Fixes Price Band; Know Details Of GMP, IPO Prices, Dates
Swiggy is reportedly expected to launch its initial public offering (IPO) right after the Diwali festival. The grey market ...
Swiggy IPO: Food delivery giant sets price band of ₹371 - ₹390, says report
In April, sources revealed that Swiggy obtained shareholder approval for an IPO aimed at raising ₹10,414 crore through ...
Swiggy Aims to Kick Off $1.35 Billion India IPO Mid-Next Week
Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar with the matter ...
Swiggy sets IPO price band; Flipkart Internet’s FY24 report
Swiggy is likely to price its much-awaited initial public offering in the Rs 371-390 per share price band. This and more in ...
Swiggy IPO: Food Delivery Giant Revises Valuation Downwards By 10-16% Amid Market Volatility; Check
Swiggy, one of Indias leading food delivery platforms, is gearing up for its much-anticipated initial public offering (IPO) ...