Swiggy IPO open date is November 6, 2024 and the IPO will close on November 8, 2024. Swiggy IPO is a Book Built Issue. The company to raise around ₹11,327.43 crores via IPO that comprises fresh issue of ₹4,499 crores and offer for sale up to 175,087,863 equity shares with face value of ₹1 each.
Swiggy IPO price band is ₹371 to ₹390 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Swiggy IPO to list on BSE & NSE on November 11, 2024. The allotment of Swiggy IPO date is November 13, 2024.
The company reported revenue of ₹11634.35 crores in 2024 against ₹8714.45 crore in 2023. The company reported loss of ₹2,350.24 crores in 2024 against loss of ₹4,179.31 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Swiggy IPO Details
| IPO Open Date: | November 6, 2024 |
| IPO Close Date: | November 8, 2024 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹371 to ₹390 Per Share |
| Issue Size: | Approx ₹11,327 Crores Approx 290,446,837 Equity Shares |
| Fresh Issue: | Approx ₹4,499 Crores Approx 115,358,974 Equity Shares |
| Offer for Sale: | Approx ₹6,828 Crores Approx 175,087,863 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Discount: | ₹25 per share for Employees |
Swiggy IPO Market Lot Size
The Swiggy IPO minimum market lot is 38 shares, with ₹14,820 application amount. Retail investors can apply for up to 13 lots, each with 494 shares or ₹1,92,660 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 38 | ₹14,820 |
| Retail Maximum | 13 | 494 | ₹1,92,660 |
| S-HNI Minimum | 14 | 532 | ₹2,07,480 |
| B-HNI Minimum | 68 | 2,584 | ₹10,07,760 |
Swiggy IPO Dates
The Swiggy IPO date is November 6, 2024. and the close date is November 8, 2024. The Swiggy IPO allotment will be finalized on November 11, 2024, and the IPO listing on November 13, 2024.
| IPO Open Date: | November 6, 2024 |
| IPO Close Date: | November 8, 2024 |
| Basis of Allotment: | November 11, 2024 |
| Refunds: | November 12, 2024 |
| Credit to Demat Account: | November 12, 2024 |
| IPO Listing Date: | November 13, 2024 |