JM Financial initiates 'Buy' on Swiggy, sets ₹470 target
After Swiggy's IPO debut at a premium, JM Financial has issued a "Buy" rating with a 21% upside. It highlights Swiggy's growth potential in India's expanding food delivery, Q-commerce markets
swiggy ipo
November 2024
October 2024
September 2024
"It’s giving Jai-Veeru": Swiggy on Zomato shout-out
Swiggy and Zomato are known for their playful social media banter which generate massive buzz on the Internet.
Swiggy IPO listing makes 500 employees 'crorepatis'
As Swiggy raises ₹11,327 cr in India’s 2nd-largest IPO, 500 employees stand to earn ₹1 cr each from a ₹9,000 cr ESOP payout
Swiggy IPO: Muted listing expected, analysts cautious
The current grey market premium (GMP) of ₹2 indicates a muted listing of Swiggy shares on the domestic bourses.
Swiggy, ACME Solar, Sagility, Afcons IPOs see muted response. Is the market showing signs of fatigue?
The recent IPOs of Swiggy, ACME Solar Holdings, Sagility India, and Afcons Infrastructure have failed to garner good response from investors.
Swiggy raises ₹5,085 cr from anchor investors; IPO opens today
The food delivery company looks to raise ₹11,300 crore via IPO, which is the second biggest issue of the year after Hyundai Motor India.
Loss-making Swiggy’s ₹11,327 cr IPO ‘overvalued’: Brokerages
Brokerages remained skeptical about Swiggy’s negative bottomline and cash flows; and intense competition from rivals Zomato, Zepto, and others.
Swiggy to raise ₹11,300 cr at price band of ₹371-390; IPO to open on Nov 6
The IPO is a mixture of a fresh issue of shares worth ₹4,500 crore and an offer for sale of ₹6,800 crore by existing shareholders.
Swiggy IPO risk factors investors should know
Swiggy's net loss widened to ₹611 crore during the June quarter as against a loss of ₹564 crore a year ago.
Hindustan Composites picks up stake in IPO-bound Swiggy; stock surges 9%
The auto ancillary company plans to acquire 1.5 lakh shares, or 0.01% stake, in Swiggy in an all-cash deal worth ₹5.18 crore.
