Swiggy Limited – IPO

Swiggy Limited IPO Lot Size

Swiggy Limited IPO Promoter Holding

Swiggy Limited IPO Reservation

Swiggy Limited IPO Anchor Investors Details

About Swiggy Limited

Founded in 2014, Swiggy Limited offers its users an accessible platform, available through a single app, which enables the searching, selection, ordering, and payment for food (Food Delivery), groceries, and household goods (Instamart), with deliveries made to their homes through an on-demand delivery partner network.

The company is organized into five business units:

• Food Delivery;
• Out-of-home consumption, which encompasses restaurant visits and events;
• Quick Commerce, which involves the on-demand delivery of groceries and household items;
• Supply chain and distribution, which includes business-to-business (B2B) deliveries, warehousing, logistics, and distribution for wholesalers and retailers;
• Platform innovation, focused on new initiatives and offerings such as Swiggy Genie and Swiggy Minis.

The company's platform facilitates restaurant reservations (Dineout) and event bookings (SteppinOut), product pickups and deliveries (Genie), as well as other hyperlocal commerce activities (Swiggy Minis and others). Additionally, a membership program called “Swiggy One” is offered, providing discounts and offers. In-app payment solutions are available, including a digital wallet, “Swiggy Money” (a prepaid payment instrument), “Swiggy UPI,” and a Swiggy-HDFC Bank credit card, which provide additional benefits.

Swiggy provides comprehensive business enablement solutions to restaurant partners, merchant partners (who sell grocery and household items on the Swiggy platform), and brand partners, including alliance partners. These solutions include analytics-driven tools designed to enhance their online presence and user base, as well as fulfillment services that streamline their supply chain and last-mile delivery.

Key Performance Indicator

Objects of the Issue (Swiggy Limited IPO Objectives)

The company proposes to utilize the Net Proceeds towards funding the following objects:

1. Investment in the Material Subsidiary, Scootsy, for repayment or pre-payment, in full or in part, of certain or all of its borrowings;
2. Investment in the Material Subsidiary, Scootsy, for (a) expansion of Dark Store network for Quick Commerce segment through setting up of Dark Stores; and (b) making lease/license payments for Dark Stores;
3. Investment in technology and cloud infrastructure;
4. Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of its platform, across segments; and
5. Funding inorganic growth through unidentified acquisitions and general corporate purposes.

Swiggy Limited Contact Details

Swiggy Limited IPO Registrar