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LISTEDSME777,252.00

Swiggy IPO

Open 6th Nov 2024 · Close 8th Nov 2024 · Listing 13th Nov 2024

Verified 2026-08-2489% data coverage
Issue Price₹390.00
Listing Price₹420.00
Current Price
Listing Gain7.69%
Current Return

IPO Objectives

Swiggy IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Investment in our Material Subsidiary, Scootsy, for repayment or pre-payment, in full or in part, of certain or all of its borrowings;₹164.80 Cr
2Investment 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;₹1,178.70 Cr
3Investment in technology and cloud infrastructure;₹703.40 Cr
4Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of the platform, across our segments; and₹1,115.30 Cr
5Funding inorganic growth through unidentified acquisitions and general corporate purposes.₹1,196.78 Cr