Zomato has embarked on its first significant fundraising initiative since its IPO in July 2021, aiming to secure up to Rs 8,500 crore through a qualified institutional placement (QIP). The company has set a floor price of Rs 265.91 per share for the offering, a nearly 3 per cent discount to its recent closing price of Rs 273.60 on the BSE
Read More
Swiggy's IPO debuted at Rs 420 on NSE, up 7.7 per cent from its issue price
Read More
Food delivery giant Swiggy plans to raise approximately Rs 11300 crore in its initial public offering, aiming for a valuation of USD 11.2 billion amid market adjustments
Read More
Reports suggest that Swiggy upsized its initial public offering to over Rs 11,000 crore, with a fresh fundraising of Rs 5,000 crore
Read More_20240917163907_original_image_49.webp)
The idea is to keep growing and increasing the penetration while listing will be at the right time, says Rapido Founder Aravinda Sanka, talking about the company's IPO plans
Read More
Food-delivery platform Swiggy’s IPO may seek to raise more than USD 1 billion, as per media reports
Read More
Proceeds will be strategically allocated to drive growth initiatives, including unidentified acquisitions, marketing, and capital expenditure enhancements
Read More
As per Reuters, Swiggy is preparing for one of India's largest IPOs this year, targeting a valuation of around USD 15 billion
Read More
Primary sources of revenue in FY24 were from the commission on recharge, processing, and interest income on servicing loans, payment gateways, and technologies platforms.
Read More
The IPO plan includes the sale of both new shares and existing shares and may also involve a pre-IPO placement to anchor investors, as per media reports
Read More
