𝟏.𝟐𝟓 𝐁𝐈𝐋𝐋𝐈𝐎𝐍 𝐈𝐏𝐎
𝐒𝐰𝐢𝐠𝐠𝐲-𝐬𝐮𝐛𝐦𝐢𝐭𝐭𝐞𝐝 𝐃𝐑𝐇𝐏 𝐧𝐞𝐞𝐝 𝐧𝐨𝐭 𝐛𝐞 𝐫𝐞𝐥𝐞𝐚𝐬𝐞𝐝 𝐭𝐨 𝐩𝐮𝐛𝐥𝐢𝐜 𝐝𝐨𝐦𝐚𝐢𝐧
Greater flexibility in issue size is provided by the prefilling route for submitting draft papers. The proposed IPO of Swiggy, valued at Rs. 10,400 crore, is the second largest for a new age company, following Paytm in 2021. Rival Zomato has a Rs. 9375 crore offering listed. Potential IPO sellers of Swiggy shares include Prosus and Softbank. As the food industry declines, the company is putting more of an emphasis on quick commerce vertical instamart. #IPO #IPOIndia #IPODelhi #IPOIndia2024 #IPODelhi2024