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Swiggy Limited IPO Review & Recommendations

 

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Swiggy Limited IPO

November 06, 2024 - November 08, 2024 Closed

Swiggy Limited IPO Review

swiggy pre ipo Products and Services are engaged in Swiggy is a new-age, first-generation technology company that offers users an easy-to-use interface, accessible via an integrated app - a selection of food (“ food delivery”), where they can browse groceries and household items to make , order and pay (“Instamart”), and have their orders delivered to their doorstep through their network with their carrier partners to those who seek it. Use their platform to book restaurants (“Dineout”) and organize events (“SteppinOut”) & offer pickup/delivery (“Genie”) and other more local merchandise. profitable; they can be attached and perform) movements. Being one of the first professional local shopping malls, Swiggy has successfully pioneered the industry in India, launching food delivery in 2014 and instant shopping by 2020.

Swiggy Limited Products and Services

swiggy appliances private limited further the value proposition for users through a membership program called “Swiggy One” that offers discounts and offers; For additional benefits, the digital wallet “Swiggy Money” (prepayment tool), “Swiggy UPI”, and in-app payment solutions like Swiggy-HDFC Bank credit cards that they have for restaurant partners, business partners. sell food and household goods platforms) and provide comprehensive business efficiency solutions to brand partners including their contract partners such as analytics-backed tools to boost their online presence and consumption project fulfillment services to streamline their supply chain operations and last mile deliveries.

swiggy ltd india have an innovative approach, based on identifying and addressing users’ sensitive needs, thereby increasing the frequency of interaction with them on their platform. They provide insights from connectivity on their ultra-local platform through their user network, and their experience in food delivery and instant commerce.

Financial Overview

The company develops emerging e-commerce and food delivery technology applications. It grew its top line steadily over the reported period, but consistently posted losses. Based on financial performance, the IPO is having a negative P/E and a strong valuation based on other metrics. The management is confident of making its operations profitable over the next few years with the plan in place and hopes to use the proceeds from the IPO to scale up the overall offering. Those in the know/excess cash/risk seekers can set up the right amount for the long term.

Frequently Asked Question

Kfin Technologies Limited is the registrar of Swiggy Limited IPO.
The market lot size of swiggy appliances private limited is 38 shares.
Swiggy Limited IPO shares will get listed at NSE, BSE.
swiggy ltd india customer care customer care number is +91 22 43566000.
Swiggy Limited IPO will be closed on 08 November 2024.
Swiggy Limited IPO is going to open on 06 November 2024.
The price of 1 share of Swiggy Limited IPO ranges from ₹371 to ₹390.
Post-issue shareholdings of Swiggy Limited IPO promoters are [.]%
Face value of equity shares of Swiggy Limited IPO is ₹10.
You will receive your allocated shares in your Demat account on 11 November 2024.
Pre-issue shareholdings of swiggy ltd IPO market promoters are 63.56%.
Swiggy Limited IPO will get listed on November 13, 2024.
You can apply for an IPO anywhere online because it is an online process. You can apply for an IPO through 2 methods ie. ASBA and UPI. The ASBA service is provided by your bank and your stockbroker provides the UPI service. Using any of these options you can invest in swiggy ltd india at your convenience, in Swiggy Limited IPO by using any one of these methods at your convenience.
You will not receive allotted Swiggy Limited IPO shares, your IPO application fee will be released or credited back to your bank account through which you applied for this IPO.
The meaning of "Swiggy Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Swiggy Limited IPO on the current day.
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