Rishabh Saxena’s Post

🚀 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 Mega IPO is Here! 🚀 Attention investors: India’s food delivery giant Swiggy is going public, and it’s big news in the startup world! Here's what you need to know: 💸 Financial Performance: Impressive revenue of ₹11,634.4 crore in FY 2024, but challenges remain with ongoing losses of ₹2,350.2 crore. 🌐 Industry Outlook: The food and quick-commerce sectors are booming! While competition with Zomato is intense, demand for convenience keeps soaring. 📊 IPO Details: 1) Size: ₹11,327.43 crore (₹4,499 crore fresh issue + ₹6,828.43 crore OFS) 2)Price Band: ₹371-390 per share 3)Listing Date: November 13, 2024 📈 Investment Snapshot: 1) Subscription Dates: Nov 6-8, 2024 2) Investment Range: From ₹14,820 to ₹1,92,660 3) Allocation: 75% QIBs, 15% retail, 10% NIIs Swiggy's debut marks a critical moment for Indian tech IPOs. Are you ready to dive into this opportunity or taking a step back to watch? 👉 Drop your thoughts or insights in the comments below! #IPO #Investing #Swiggy #StartupSuccess #FinanceNews

🍽🇮🇳 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 Upcoming IPO – Everything You Need to Know! Get ready for Swiggy’s big moment in the stock market with its highly anticipated IPO set for November. Key Highlights: Swiggy’s Growth Story: Backed by major investors like Prosus and SoftBank, Swiggy is gearing up for a massive listing. Financials: The IPO includes a ₹3,750 crore fresh issue and 182.3 million shares in an Offer for Sale. Valuation: Swiggy is eyeing a valuation between $11.7 billion and $12.7 billion, with anchor investors already showing interest! Competitive Edge: Swiggy is up against Zomato, Zepto, and BigBasket, but this IPO could give it the boost it needs. Investor Lineup: Key investors include Prosus (32%), SoftBank (8%), Accel (6%), Tencent, and more. IPO Excitement: Positioned to be one of the largest tech listings this year, Swiggy’s market strength makes this IPO one to watch. Investment Insight: Stay tuned for more updates on how to invest and capitalize on this exciting opportunity! Follow Credence Investments for weekly updates, insights, and expert advice on market trends and investment strategies! Pawandeep Kohli Neha Sapra #SwiggyIPO #CredenceMarketMinute #InvestmentOpportunities #StockMarket2024 #IPOWatch #MarketTrends #TechIPO #InvestmentAdvice #StayInformed #CredenceInvestments Swiggy IPO, November IPO, ₹3,750 crore fresh issue, valuation $12 billion, Zomato competitor, anchor investors, tech listings, Accel, Prosus, financial insights

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 is about to make history with a whopping ₹10,000 crore IPO! Investors are buzzing, especially after seeing Zomato’s 120% stock price jump in just one year. 🎉 But here’s the kicker: when Zomato went public, many were skeptical due to their losses, post-pandemic uncertainties, and the fact that no one saw the power of their data. Fast forward to today, and Swiggy finds itself in a similar situation—losses, a shaky market, and investors asking, “Why should we invest in Swiggy?” 🤔 Well, to clear the air, I’ve dived into their 400-page DRHP and uncovered some major insights that can help you make sense of this massive IPO.                                                                                                              For a deep dive, check out Think School’s detailed case study on YouTube: Swiggy IPO: Goldmine or Disaster? 💬 What’s your take? Is Swiggy the next big thing, or a risky bet? Let’s discuss below! #SwiggyIPO #InvestmentTips #MarketInsights #IPO2024 #StartupIndia #ThinkSchool

Swiggy's Valuation Soars to $12.7 Billion Amid IPO Buzz! Swiggy's valuation skyrockets to $12.7B with a fresh #investment from Invesco Ltd., marking the second boost from the #US-based #investor and the third overall. This surge, up 18% from January 2022, comes as #Swiggy gears up for a potential #IPO, expected in late 2024. Swiggy's #financials show robust #growth, with #revenue reaching Rs 5,476 crore in FY24's first three quarters. The foodtech #giant's upward trajectory mirrors a trend seen among several other companies, hinting at a flurry of upcoming IPOs in the tech space. Read entire article at: https://lnkd.in/dJytC4U2 #Swiggy #IPO #ValuationSurge #TechIPOs #investment #startup #India #technology #creativity

Swiggy's IPO Conundrum: Undervalued or Overhyped?" 🤔💸 Swiggy's upcoming IPO values the company at ₹90,000 cr, but Zomato's valuation stands at ₹2.2 lakh cr - more than twice! 🤯 Key reasons for the disparity: 1. Zomato's profitability (net profit: ₹351 cr) vs Swiggy's losses (₹2350 cr) in FY24 📊 2. Quick Commerce growth: Zomato's Blinkit leads the race, with 40-50% of Zomato's size and growing 3-4x faster 🚀 3. Market share: Zomato gaining ground in South India, Swiggy's stronghold 📍 Statistics: 📊 Zomato's valuation: ₹2.2 lakh cr 📊 Swiggy's valuation: ₹90,000 cr 📊 Zomato's net profit: ₹351 cr 📊 Swiggy's losses: ₹2350 cr Insights: 🤔 Swiggy needs IPO funds to expand Quick Commerce and catch up with Zomato 📈 IPO valuation reduced from $15 billion to ₹90,000 cr due to market sentiment 👀 Investors need an exit, and Swiggy must innovate to regain market share Conclusion: Swiggy's not a lost cause! With duopoly pricing power, profitability is inevitable 📈 But will they play second fiddle to Zomato? Only time will tell ⏰ Share your thoughts! 💬 #SwiggyIPO #Zomato #FoodDelivery #QuickCommerce #Blinkit #Instamart #MarketShare #Profitability #Valuation #Finance #Investing #StockMarket #IPOAnalysis

🚀 𝗦𝘄𝗶𝗴𝗴𝘆’𝘀 𝗜𝗣𝗢: 𝗪𝗶𝗹𝗹 𝗜𝘁 𝗦𝗽𝗶𝗰𝗲 𝗨𝗽 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗼𝗿 𝗙𝗶𝘇𝘇𝗹𝗲 𝗢𝘂𝘁? 🍲 The market’s been a rollercoaster lately, and Swiggy’s IPO is feeling the heat🔥 Here’s what’s happening: 👉 𝗚𝗿𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗿𝗲𝗺𝗶𝘂𝗺: Now just a 5% profit on listing (down from 30% a few days ago!) 👉 𝗩𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 𝗖𝘂𝘁: Swiggy’s IPO valuation dropped 25%, from $15 billion to $11 billion 👉 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 𝘁𝗼 𝗭𝗼𝗺𝗮𝘁𝗼: Now entering at a 57% discount to Zomato’s market cap! What’s Swiggy’s game plan? 🧐 They’re betting big on 𝗾𝘂𝗶𝗰𝗸-𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗲—shifting more IPO funds from food delivery to meet India’s fast-growing demand for rapid deliveries. 🚴💨 The big question: 𝗛𝗼𝘄 𝘄𝗶𝗹𝗹 𝗭𝗼𝗺𝗮𝘁𝗼 𝗿𝗲𝗮𝗰𝘁? Will Zomato’s share price take a hit, or will Swiggy’s entry spark a fresh rally in the space? 💬 𝗬𝗼𝘂𝗿 𝗧𝘂𝗿𝗻: What do you think? Will Swiggy’s IPO shake things up, or is the market too hot to handle right now? #SwiggyIPO #StockMarket #Finance #MarketInsights #IPO #Investing #StockMarketNews #MarketUpdate #GreyMarketPremium #QuickCommerce #FoodDelivery #Zomato #IndianEconomy #FinanceTips #InvestmentOpportunities #MarketVolatility #IndianStockMarket #IPOValuation #FinancialNews #MarketTrends

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