Swiggy’s IPO Opens Today: Seeks to Raise Rs 11,327 Crore in Major Fund Push

Swiggy, a leading food delivery platform, has launched its IPO today, aiming to gather Rs 11,327.43 crore. Preceding the public launch, the company raised Rs 5,085 crore through an anchor book on November 5, drawing strong interest from major global investors such as Fidelity, BlackRock, and Government Pension Fund Global. This IPO marks India’s second-largest of the year after Hyundai Motor’s. The offer includes Rs 4,499 crore in new equity shares, alongside a secondary sale of 17.5 crore shares priced between Rs 371-390 each.

Related News

{{ news.title }}

Trending News

{{ news.title }}