Registered Office:
55 Sy.#8-14 Grnd Flr I&J Block,Embassy Tech (V) ORR Devarbis,
Bangalore - 560103,
Karnataka, India.
Phone : +91 95907 56603
Fax : NA
Initial public offering of 290,494,914* equity shares of face value of Re. 1 each ("Equity Shares") of Swiggy Limited (The "Company or the "Company") for cash at a price of (Rs) 390^ per equity share (including a premium of
(Rs) 389^ per equity share) ("Offer Price") aggregating to (Rs) 11327.43 crores^ (the "Offer") comprising a fresh issue of 115,407,051 equity shares aggregating to (Rs) 4499.00 crores^ (the "Fresh Issue") and an offer for sale of 175,087,863 equity shares aggregating to (Rs) 6828.43 crores (the "Offer for Sale"), consisting of 4,682,842 equity shares aggregating to
(Rs) 182.63 crores by the individual selling shareholders (as defined hereinafter) and 170,405,021 equity shares aggregating to (Rs) 6645.80 crores^ by corporate selling shareholders (as defined hereinafter) (collectively, the "Selling Shareholders" and such equity shares, the "Offered Shares").
The offer included a reservation of 750,000 equity shares of face value of Re. 1 each, aggregating to (Rs) 27.38 crores, for subscription by eligible employees not exceeding 5% of its post-offer paid-up equity share capital (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitutes 12.98% and 12.94%, respectively, of the fully diluted post-offer paid-up equity share capital of the company. The company, in consultation with the brlms offered a discount of (Rs) 25 per equity share to eligible employees bidding in the employee reservation portion ("Employee Discount").
The face value of the equity share is Re. 1 each and the offer price is 390 times the face value.
^An employee discount of (Rs) 25 per equity share was offered to eligible employees bidding in the employee reservation portion.
Opens On
Closes On
Application
Allotment
06-Nov-24
08-Nov-24
390.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
38
Further Multiples of :
38
(Rs.Cr)
Lead Managers to the Issue
Project Cost
4358.98
Avendus Capital Pvt Ltd
Project Financed
11327.43