Search results
Results From The WOW.Com Content Network
Swiggy's existing shareholders will sell shares worth 66.64 billion rupees, which remains unchanged. With the increase of the fresh issue, its initial public offering size will increase to $1.4 ...
Swiggy IPO: Indian food delivery giant Swiggy, backed by SoftBank, has received shareholder approval to increase the size of the fresh issue in its initial public offering (IPO) to Rs 5,000 crore ($595 million), up from Rs 3,750 crore, sources familiar with the matter told news agency Reuters. The move further strengthens the company’s IPO plans amid a booming market in India.
Food tech major Swiggy has received shareholder approval to increase the primary issue size of its Initial Public Offering (IPO) from Rs 3,750 crore to Rs 5,000 crore at an Extraordinary General ...
Shareholders of food delivery platform Swiggy have cleared the company’s proposal to increase the component of fresh shares in its upcoming initial public offering (IPO) to Rs 5,000 crore, people briefed on the matter told ET. ... Read More News on. Swiggy IPO fresh issue quick commerce dark stores Instamart Zomato net losses operating ...
Swiggy. Food delivery platform Swiggy has received the nod of investors to increase the IPO size to Rs 5,000 crore in a fresh issue. The company initially aimed to increase Rs 3,750 crore from the fresh issue. This is as per a Reuters report. Now, the size of the IPO will increase from $1.25 billion to $1.4 billion.
October 1, 2024. U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce ...
Swiggy's highly anticipated IPO has reportedly secured approval from market regulator Sebi, paving the way for an exciting few weeks ahead for its shares in the unlisted market. Ever since the company received shareholder approval for an IPO in April this year, its stock attracted significant interest in the unlisted market, leading to a notable rise in share prices.
Swiggy is gearing up for Rs 10,000-crore IPO that will be India's biggest by a new-age company after Paytm. But alongside, Swiggy's plan to hit the Street also signals a new chapter for the Bengaluru-based startup as it eyes dominance in India's rapidly expanding quick commerce market. The company is raising funds not just to boost its food delivery business but majorly to fuel the growth of ...
Swiggy IPO: Swiggy received approval from shareholders for a $1.2-billion initial public offering (IPO), as per regulatory filings with the registrar of companies (RoC), Moneycontrol reported.
SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, three people familiar with the...