Mega IPO Alert! Swiggy IPO Review - Raising ₹11,300 Cr | Is It a Better Deal Than Zomato?
Swiggy IPO opens for subscription on November 6, 2024 and closes on November 8, 2024. This is one of the most awaited IPOs and is finally opening for subscription. Should you invest in this IPO? This Swiggy IPO review will answer this question for you. This Swiggy IPO analysis covers important points like company's financials, brand and reach, valuation and more! Subscribe if you enjoyed our review and for more Swiggy ipo news videos.
About Swiggy:
Swiggy, a leading Indian food ordering and delivery platform, has revolutionized the way we dine. Founded in 2014, it operates in over 580 cities across India, connecting customers to a vast network of restaurants. With a user-friendly app, Swiggy offers a seamless experience, allowing users to browse menus, place orders, and track deliveries in real-time. The platform also provides additional services like grocery delivery (Instamart) and on-demand delivery (Genie), making it a one-stop solution for various needs.
More Swiggy IPO Details:
Swiggy IPO price band is set at ₹371 to ₹390 per share. The minimum lot size for an application is 38 Shares. The minimum amount of investment required by retail investors is ₹14,820. The minimum lot size investment for sNII is 14 lots (532 shares), amounting to ₹207,480, and for bNII, it is 68 lots (2,584 shares), amounting to ₹1,007,760.
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