Swiggy gets shareholder nod to use provision to upsize IPO fresh …
WEB23 hours ago · 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: Firm Secures Shareholder Approval To Boost Fresh …
WEB7 hours ago · 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.
Swiggy gets investor approval to increase IPO size to Rs 5,000 crore
WEB7 hours ago · 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 ...
Swiggy IPO: Swiggy shareholders give nod to up IPO fresh issue ...
WEB1 day ago · 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 Gets Shareholders' Approval to Raise Fresh Issue Size to …
WEB9 hours ago · 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.
Invesco raises its valuation of Swiggy to $13.3B | TechCrunch
WEB3 days ago · 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 shares selling like hot cakes in unlisted market as IPO buzz ...
WEBSep 26, 2024 · 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's street fight with Zomato is the one to watch out for in q …
WEB3 days ago · 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 shareholders give nod to $1.2-billion IPO: What we know …
WEBSwiggy 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.
Swiggy targets $15 bln valuation in India IPO, sources say
WEBAug 23, 2024 · 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...