
Consumer Services · NSE / BSE
Incorporated in 2014, Swiggy Limited is a leading multi-category consumer platform in India offering food delivery, grocery delivery through Instamart, hyperlocal services like Genie and Minis, restaurant reservations via Dineout, and event bookings through SteppinOut. Operating across five key business units—Food Delivery, Out-of-Home Consumption, Quick Commerce, B2B Supply Chain & Distribution, and Platform Innovation—the company offers around 19,000 grocery SKUs and runs 605 active dark stores in 43 cities as of September 2024. Swiggy also supports partners with business enablement tools and offers loyalty benefits through its membership program “Swiggy One.” As of June 30, 2024, the company employed 5,401 people.
Price Band
₹371 – ₹390
Issue Size
₹11327 Cr
Lot Size
38 shares
GMP
Est. Listing
₹390
at current GMP
Subscribed
3.59x
overall
Open
6 Nov 2024
Close
8 Nov 2024
Allotment
11 Nov 2024
Refund
12 Nov 2024
Demat Credit
13 Nov 2024
Listing
13 Nov 2024
Designated Registrar: Link Intime India Private Limited
Allotment Date
11 Nov 2024
Basis finalization
Refunds Initiate
12 Nov 2024
Mandate release
Demat Credit
13 Nov 2024
Shares in demat
Listing Debut
13 Nov 2024
Trading begins
Swiggy Limited is bringing an initial public offering (IPO) in the Consumer Services sector with an aggregate issue size of ₹11,327.43 Crores. The shares are offered at a price band of ₹371 to ₹390 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 38 shares (approx. ₹14,820 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-11-13, while un-allotted funds or UPI block mandates will be released on 2024-11-12.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.