Food-delivery platform Swiggy’s IPO may seek to raise more than USD 1 billion, as per media reports
Read MoreThe 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 MoreRestaurant commissions from Swiggy generally run from 17 to 25 percent
Read MoreDespite these secondary transactions occurring at a discount, financial experts remain optimistic that Swiggy will debut with a market capitalisation between USD 10-13 billion (around Rs 83,480 crore to Rs 1,08,525 crore)
Read MoreSwiggy is taking advantage of a new filing route introduced by Sebi in 2022, which allows preliminary details to be kept confidential
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