
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
Overall Subscription
3.59x
Total Demand
QIB Multiplier
6.02x
Institutions & Funds
NII / HNI
0.41x
High Net-Worth
Retail (RII)
1.14x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 86,923,475 | 523,089,494 | 6.02x |
| NIB | 43,461,737 | 17,901,724 | 0.41x |
| HNIs(10L +) | 28,974,491 | 10,703,612 | 0.37x |
| HNIs (2-10L) | 14,487,246 | 7,198,112 | 0.50x |
| RETAIL | 28,974,491 | 33,079,304 | 1.14x |
| EMPLOYEES | 750,000 | 1,237,470 | 1.65x |
| Total | 203,571,440 | 593,209,716 | 3.59x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 54,463 | 2,997 | 0.06x |
| HNIs (2-10L) | 27,232 | 11,437 | 0.42x |
| RETAIL | 762,487 | 686,337 | 0.90x |
| Employee | — | 15,550 | 0.00x |
| Total Applications | 844,182 | 716,321 | 0.85x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Swiggy Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹371 to ₹390 per equity share.
The retail lot size is 38 shares requiring a minimum application amount of ₹14,820. Expected listing price is ₹390 per equity share.
The Swiggy Limited IPO aggregate issue size is ₹11,327.43 Crores with an equity price band set at ₹371 to ₹390 per equity share. The retail lot size is 38 shares requiring a minimum capital outlay of approx. ₹14,820.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.59x (Retail: 1.14x, QIB: 6.02x, NII: 0.41x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-11-11. Investors can verify status using PAN card or application number.
Swiggy Limited shares are scheduled to list on NSE and BSE on 2024-11-13.