Who is the CEO of Swiggy?
Sriharsha Majety : Swiggy co-founder and CEO Sriharsha Majety – He has a net worth of Rs 1400 crore; know about his career, education, and monthly salary.
Swiggy listed in the stock market?
-> Swiggy shares are scheduled to debut on the BSE and NSE exchanges on Wednesday, November 13, 2024.
-> Swiggy Limited IPO will be listed on the domestic indices on Wednesday, November 13.
->The public issue is available at a price band of Rs 371-390, with a lot size of 38 shares. Investors can bid for a minimum of 38 shares and in multiples thereof. The basis of allotment for Swiggy IPO shares is expected to be finalized by Monday, November 11, 2024.
listed in NSE?
-> Minimum Investment: ₹14,820 (38 shares per lot for retail investors) Total Issue Size: ₹11,327.43 crore (including fresh issue and offer for sale) Listing: The shares will be listed on BSE and NSE on November 13, 2024.
IPO good or bad?
-> Swiggy’s IPO saw a lukewarm response on its final day, with the grey market premium plummeting to near zero. While Swiggy aims to leverage the IPO proceeds for expansion and technology upgrades, analysts remain cautious about its path to profitability.
Profit or loss?
-> Data showed that Swiggy reported a loss of Rs 2,350.24 crore for the financial year ended March 2024, narrowed down from losses of Rs 4,179.30 crore in FY23 and Rs 3,628.89 crore in FY22.
Who is the biggest investor in Swiggy?
-> Kotak Mahindra Capital, Citigroup Global Markets India, Jefferies India, Avendus Capital, JP Morgan India, Bank of America Securities India, and ICICI Securities were the bookrunners for the offering.
Swiggy is successful?
-> The entire ecosystem around Swiggy has evolved multifold. The more you grow as a company, the more stakeholders expect from you over time. In this dynamic landscape, Swiggy has constantly worked on solving customer pain points while also being empathetic towards restaurant partners.
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