Aayush Singhai’s Post

🚀 Swiggy IPO Set to Launch at ₹371-390/share! Swiggy’s much-awaited IPO is scheduled to go live on November 6, offering a price band of ₹371-390/share. The company plans a Fresh Issue worth ₹4,500 Cr and an OFS up to ₹6,800 Cr, pushing its valuation to ~$11.3 billion—a 25% markdown from their original target of $15 billion, yet 5% higher than their last private valuation of $10.7 billion (2022). Here’s what’s noteworthy: 🔹 Bankers on the Block: Swiggy’s bankers have been active, with shares initially starting at ₹340/share 6 months back, moving to ₹350-380/share in September. Recently, the stock seems to be fetching a Grey Market Premium (GMP) of ~₹125/share, with some trades crossing ₹400+ per share. 🔹 Pricing Concerns: Many pre-IPO investors were hoping Swiggy would list at ₹400-425/share, aiming for ₹450+ to comfortably cross the 6-month lock-in period. But with the current pricing, public markets will set the tone—and investors are feeling the heat. 📉 Post-IPO Performance: How have other major startups fared 6 months post-listing? • Paytm: ⬇️ 40% • Zomato: ⬆️ 5% • Nykaa: ⬇️ 27% • MapMyIndia: ⬇️ 8% • Pb Fintech: ⬇️ 55% These trends raise an important question—Does it still make sense to invest in pre-IPO rounds? 💭 What are your thoughts on Swiggy’s valuation and IPO price band? Would you still consider investing? #SwiggyIPO #StockMarket #IPO #Investing #Startup

Big News from Swiggy! The Bengaluru-based food and grocery delivery giant is gearing up for its IPO journey! Shareholders have given the green light for Swiggy's IPO, aiming to raise up to Rs 3,750 crore ($450 million) in fresh capital, with an additional offer-for-sale (OFS) component of up to Rs 6,664 crore ($800 million). Swiggy plans to secure approximately Rs 750 crore from anchor investors in a pre-IPO round, setting the stage for an exciting debut in the capital markets. This move is part of a wave of new-age startups, including Ola Electric and Firstcry, venturing into the public market arena. At an extraordinary general meeting (EGM) held on April 23, shareholders approved a special resolution, paving the way for Swiggy's IPO aspirations. Notably, Dutch-listed Prosus holds the largest stake in Swiggy, followed by SoftBank and a roster of esteemed investors. The company's cofounders, Sriharsha Majety, Nandan Reddy, and Rahul Jaimini, continue to play pivotal roles in the company's journey. As Swiggy charts its course towards the IPO, its FY23 scorecard reflects robust growth, with a significant jump in revenue despite an increase in net loss. Stay tuned as Swiggy navigates through the IPO landscape, poised to unlock new opportunities and deliver value to its shareholders! #SwiggyIPO #StartupJourney #InvestmentOpportunity https://lnkd.in/dDr52G-x

🚀 Swiggy Shares Jump 40% in Unlisted Market as IPO Nears! 🚀 Swiggy is the talk of the town, and for good reason! 📈 Since receiving shareholder approval for an IPO in April, Swiggy's shares have skyrocketed by 40% in just two months, jumping from Rs 355 in July to Rs 490 today. This rapid growth reflects strong investor confidence in the food and grocery delivery giant, backed by Softbank, Prosus, and other marquee investors. 🥳 Here’s what’s driving the excitement: - Revenue growth: Swiggy's operating revenue surged by 36% to Rs 11,247 crore in FY 2024. - Loss reduction: Net losses dropped by a significant 44%. - Strong demand in unlisted market: Nearly 200,000 pre-IPO shares traded so far with big names like Amitabh Bachchan, Karan Johar, and Rahul Dravid in the mix. 💼 📅 With the IPO expected in November and plans to raise Rs 11,000 crore (Rs 3,750 crore through fresh equity), Swiggy is emerging as one of the hottest investments in the market, especially alongside Zomato’s stunning 129% stock surge this year. 💡 Pro Tip: Keep an eye on Swiggy—it’s not just a delivery app, it’s shaping up to be an investor’s dream! 💼💰 #Swiggy #IPO #UnlistedShares #InvestmentOpportunity #TechStocks #Startups #Growth

🍽🇮🇳 Swiggy’s IPO, valued at nearly $11 billion, is the latest headline in India’s food-tech sector, highlighting the company’s ambition to challenge Zomato’s stronghold in the food delivery and quick-commerce spaces. 📈 Swiggy’s offering, which closed on November 8, 2024, is expected to raise approximately $1.36 billion, positioning it for growth but also drawing attention to ongoing challenges in profitability and market share. As Swiggy steps onto the public stage, questions arise about its ability to compete with the already-profitable Zomato. 🤖 TFN takes a look at whether Swiggy’s $11B IPO can compete with Zomato’s market presence: https://lnkd.in/eEFggcb7 Deven Choksey #tech #funding #news #fooddelivery #startup #VC #investment #IPO #technology

🚀 Swiggy’s IPO Buzz: A Closer Look at the Numbers vs. Zomato! With Swiggy heading for an IPO, it’s a perfect time to look at how the two food delivery giants stack up. 📊 Let’s dive into their FY24 financials: 💰 Revenue: • Swiggy: ₹11,247 Cr • Zomato: ₹12,114 Cr 📉 Net Profit: • Swiggy: -₹2,350 Cr • Zomato: ₹351 Cr 🍽️ Gross Order Value (GOV): • Swiggy: ₹24,700 Cr • Zomato: ₹32,224 Cr 💵 Average Order Value (AOV): • Swiggy: ₹428 • Zomato: ₹428 👥 Monthly Transaction Users: • Swiggy: 12.7M • Zomato: 18.4M 🏢 Restaurant Partners: • Swiggy: 1,96,000 • Zomato: 2,47,000 🏙️ Cities Present In: • Swiggy: 653 • Zomato: 700+ 💸 Earnings Per Share (EPS): • Swiggy: -₹8.6 • Zomato: ₹0.41 📈 What’s the Play? Swiggy might be reporting losses, but their growth potential, strong GOV, and loyal user base are key aspects to consider. As Swiggy prepares for its IPO, the market could see a strong competition with Zomato. Which one are you rooting for? 🏆🍽️ 👉 Join the conversation: What do you think about Swiggy’s IPO prospects in the food-tech space? Could it be the next big thing, or is Zomato already too far ahead? #SwiggyIPO #FoodTech #ZomatoVsSwiggy #Startup #Investing #Tech #Fintech #MarketAnalysis #NeuroFinance

🚀 Swiggy's IPO: A Game-Changer for Employees & Investors! 🍕📈 Swiggy’s highly anticipated IPO has not only marked one of the largest listings in recent times, but it has also made 70 dollar millionaires out of its employees through substantial ESOP payouts. 🌟 👨🍳 5,000 Swiggy employees have collectively earned an incredible Rs 9,000 crore from the company’s employee stock option program. On top of that, Swiggy’s IPO stock closed up 18% on day one, rewarding early investors handsomely! 📊💸 As of November 13, Swiggy's shares were listed at Rs 420 (8% above the IPO price of Rs 390) and ended the day with a strong gain of 10.48%, bringing the stock to Rs 464! 💥 For the 70 employees who received over Rs 8.5 crore (~$1 million) each through ESOPs, this IPO has truly changed lives. 🌍✨ Kudos to the leadership at Swiggy for driving this success and empowering their team! 👏 Let’s also take a moment to acknowledge other rising stars in the industry like Zomato and Blinkit, who are also redefining how the gig economy is transforming lives. 🔥 💬 Tagging the incredible leaders of these companies: Sriharsha M. (CEO, and Co-Founder Swiggy) Deepinder Goyal (CEO, Zomato India) Albinder Dhindsa (CEO, Blinkit) Here’s to the future of new-age businesses, creating wealth for their teams and investors! 🥂🌟 #SwiggyIPO #EmployeeWealth #ESOP #StockMarket #IPO #TechStartups #Zomato #Blinkit #Swiggy #SwiggySuccess #Leadership #NewAgeBusiness #FinancialFreedom #SHUBHAM_MALVIYA

The Indian startup ecosystem and public market are abuzz with anticipation of one of this year’s most awaited IPOs, Swiggy. However, as analysts and investors dive into the company’s prospects in a market otherwise dominated by its rival Zomato, they are seemingly getting cold feet 👇 The reason? Well, for one, the Swiggy IPO currently raises two major concerns — a high valuation and hefty losses on the books. On top of this, the foodtech platform is now set to increase its IPO size as well. For the uninitiated, Swiggy has received the shareholders’ approval to increase the size of its fresh issue to INR 5,000 Cr from an earlier INR 3,750 Cr. Besides, as per its DRHP, the IPO also comprises an offer for sale (OFS) component of 18.53 Cr equity shares. Together, this could increase the startup’s total IPO size to more than INR 10,000 Cr, expected to be around $1.5 Bn. Swiggy is also eyeing a valuation of $15 Bn, which is higher than the $7 Bn valuation at which Zomato went public. Though the initial response to Zomato’s IPO was great, the stock was under significant pressure in the next one year. Analysts see enough demand in the market for Swiggy’s IPO. However, a valuation discount will only increase the interest for its much-anticipated public offering. Amid debates, discussions, concerns and opportunities, Swiggy’s unlisted shares are trading at INR 485-INR 515 zone in the grey market. Two months ago, its shares were trading at INR 425 apiece. Can Swiggy Replicate Zomato’s Success On The Bourses? 🔗 Read here: https://lnkd.in/gRa36FmB #IPO #Zomato #Swiggy

How Swiggy is Gearing Up for a Blockbuster $1.2 Billion IPO Swiggy is aiming for a public offering worth a staggering $1.2 billion, with a mix of fresh issuance of shares and an offer for sale (OFS) by existing investors. Here's why Swiggy may be on the road to a successful IPO: - Valuation Race Swiggy has been discussing with its investors to solidify its valuation before the IPO. Recent reports suggest US-based fund manager Invesco marked up Swiggy's valuation to $12.7 billion, a significant increase from their previous assessment. - Zomato's Influence Swiggy's listing plans likely draw inspiration from its arch-rival Zomato's successful IPO in 2021. Zomato's strong performance on the stock market might be giving Swiggy confidence for its debut. - Confidential Approach Swiggy has opted for a confidential filing process, keeping IPO details under wraps for now. But the key questions remain: - Financial Performance While Swiggy is aiming for a high valuation, its financial health remains a crucial factor for investors. Will the company be able to demonstrate profitability or a clear path to achieving it? - Market Conditions The overall market sentiment will significantly impact the success of Swiggy's IPO. Economic conditions and investor confidence will play a major role. What do you think about Swiggy's IPO? Do you think they can achieve a $1.2 billion valuation? Disc: Views are my own and not of my employer. #swiggy #zomato #ecommerce #startup #IPO #fooddelivery

🚨 Swiggy starts $65-mn ESOP buyback at over $9-bn valuation ⚫ Swiggy has announced a $65 million ESOPs buyback, marking its fifth buyback exercise. ⚫ This fifth buyback exercise makes Swiggy one of the few Indian startups to conduct such an initiative and coincides with the company's 10-year anniversary. ⚫ To date, Swiggy has enabled over $120 million worth of liquidity for its employees, with over 3,200 employees having exercised their stock option. ⚫ Heightened secondary sales of small blocks of shares are occurring at Swiggy as several early investors make partial exits. Full details 👇 https://lnkd.in/gASSKktE