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Swiggy Ltd

Swiggy Ltd

    Registered Office : 55 Sy.#8-14 Grnd Flr I&J Block,Embassy Tech (V) ORR Devarbis,Bangalore Karnataka 560103 Phone : +91 95907 56603
    Fax :

    Email : secretarial@swiggy.in

    Website : www.swiggy.com

Initial public offering of 290,494,914* equity shares of face value of Re. 1 each ("Equity Shares") of Swiggy Limited (The "Company or the "Company") for cash at a price of Rs. 390^ per equity share (including a premium of Rs. 389^ per equity share) ("Offer Price") aggregating to Rs. 11327.43 crores^ (the "Offer") comprising a fresh issue of 115,407,051 equity shares aggregating to Rs. 4499.00 crores^ (the "Fresh Issue") and an offer for sale of 175,087,863 equity shares aggregating to Rs. 6828.43 crores (the "Offer for Sale"), consisting of 4,682,842 equity shares aggregating to Rs. 182.63 crores by the individual selling shareholders (as defined hereinafter) and 170,405,021 equity shares aggregating to Rs. 6645.80 crores^ by corporate selling shareholders (as defined hereinafter) (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares"). The offer included a reservation of 750,000 equity shares of face value of Re. 1 each, aggregating to Rs. 27.38 crores, for subscription by eligible employees not exceeding 5% of its post-offer paid-up equity share capital (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 12.98% and 12.94%, respectively, of the fully diluted post-offer paid-up equity share capital of the company. The company, in consultation with the brlms offered a discount of Rs. 25 per equity share to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity share is Re. 1 each and the offer price is 390 times the face value. ^An employee discount of Rs. 25 per equity share was offered to eligible employees bidding in the employee reservation portion.

Issue

Opens On

Closes On

06-Nov-2024

08-Nov-2024

Money Payable On

Application

Allotment

390.00

0.00

Minimum Application for shares in Nos : 38.0 Further Multiples of : 38.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

4,358.98

11,327.43

223.84

390.00

Avendus Capital Pvt Ltd

BofA Securities India Ltd

Citigroup Global Markets India Pvt Ltd

ICICI Securities Ltd

J.P.Morgan India Pvt Ltd

Jefferies India Pvt Ltd

Kotak Mahindra Capital Company Ltd

Projects
  • Investment in its Material subsidiary scootsy for repayment or pre payment in full or in part of certain or all of its borrowings
  • Expansion of its Dark Store network for its quick commerce segment through dark stores
  • Making lease licence payments for dark stroes
  • Investment in technology and cloud infrastructure
  • Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of its platform across its segments
  • General corporate purposes
Promoted By
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • MUFG Intime India Pvt Ltd