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🚀 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, the leading foodtech company, is gearing up for its IPO, with plans for its stock market launch set for after the upcoming general election. The company recently went public and has now chosen bankers to handle the IPO syndicate. While Snackfax reported the company's transition to a public entity and its financial performance for three quarters of FY24, wealth managers representing Swiggy are offering a pre-IPO deal to high net-worth individuals (HNIs), proposing to sell shares at a 20% discount based on its current valuation, as reported by three informed sources. "The company is offering shares at INR 350 each, with a valuation of INR 80,000 crore ($9.6 billion), which represents approximately a 20% discount," said one of the sources requesting anonymity. Read full story here: https://lnkd.in/gMrFzkk8 #foodtech #ipo #fooddelivery #foodindustry Ashu Agrawal

🚀 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

🚀 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: A Star-Studded Event or Just Another Exit for VCs? Investors like Karan Johar, Rahul Dravid, Amitabh Bachchan, and Madhuri Dixit have already backed Swiggy. What's next? Here’s what I found: 1.IPO Structure: Swiggy's ₹10,000 crore IPO includes a fresh equity issue of ₹3,750 crore and an Offer-for-Sale (OFS) of 18.52 crore shares. Around 60% of the proceeds will provide an exit to early investors like Accel, Prosus, and Tencent. Only 40% will fuel Swiggy’s operations and growth. 2.Profitability Concerns: Despite reducing losses by 43%, Swiggy still recorded ₹2,350 crore in losses in FY24. The company continues to face fierce competition in the quick commerce space, with Zomato's Blinkit leading the race. 3.Big Bets on Quick Commerce: Swiggy plans to invest ₹559 crore in dark stores, but it’s still trailing behind Blinkit in terms of speed and market presence. A strategic move? Time will tell.... 4.Celebrity Hype: With notable personalities and pre-IPO shares up by 40% in the unlisted market, the buzz around Swiggy is real. But does that mean it's a good investment? The fundamentals suggest caution!! 5.Valuation: Swiggy is targeting a $15 billion valuation, inching close to its rival Zomato, whose stock has soared 125% this year. But can Swiggy replicate such success post-IPO? 🎯 Key takeaway: Pre-IPO investing is always tricky, especially when 60% of funds go towards exits for early backers. Do your homework; there are better options in the listed markets. "Hit like if you're cautious, comment if you're bullish!" #SwiggyIPO, #StartupIPO, #VCExit, #QuickCommerce, #TechInvesting, and #MarketInsights

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

Real risk with Swiggy's IPO is actually the existing set of investors who might be desperate for their 6 month lock-in to end! Lets take the example of Zomato: The ownership structure amongst Top 10 shareholders of Zomato didn't change for 1 year as they weren't allowed to sell as per the regulatory lock-in of pre-IPO investors (tenure now reduced to 6 months). But the moment regulatory restriction got over, in span of next 24 months, top 7 of 10 investors completely exited as they kept reducing their stake month after month. In fact, Zomato has witnessed PE/VC funds selling of roughly 50% of its total equity capital in open market in the last 2 years, constantly adding to the free float. The names include **Softbank, D1 Capital, Tiger Global, Sequoia, Tencent, and many more!** Importantly, the day when the lock-in had got over for Zomato's pre-IPO investors, shares worth Rs 1,000+ crore were up for sale immediately and investment bankers were building a book for block deals at price as low as Rs 44/share which was significantly below IPO price of Rs 76/share. Well, I am not saying Swiggy will have similar fate as a lot will also depend on the global macros post lockin gets over, but one must remember that global PE/VC funds are no way similar to promoters who continue holding in a big way - These funds have obligations to their own set of LPs and sooner or later, they will have to exit from the stock - adding to the free float in a big way within short to medium time frame. Read more about how Zomato's shareholding pattern has evolved over the years on our website. Link is in the comments below⬇️ ****************************** Not a subscriber yet? Follow Finding Outperformers & subscribe for free today! (Pic source: ET Tech)

𝑺𝒘𝒊𝒈𝒈𝒚’𝒔 𝑴𝒆𝒈𝒂 𝑰𝑷𝑶: 𝑨 𝑹𝒔 10,000 𝑪𝒓𝒐𝒓𝒆 𝑩𝒍𝒐𝒄𝒌𝒃𝒖𝒔𝒕𝒆𝒓 Swiggy is ready to challenge Zomato in the public markets with one of the biggest IPOs in recent years, following Paytm’s massive Rs 18,300 crore listing! 🔍 𝑸𝒖𝒊𝒄𝒌 𝑭𝒂𝒄𝒕𝒔 - IPO size: Rs 10,000 crore - Funds will boost Swiggy’s Quick Commerce operations, including Rs 559 crore to expand dark stores. - Swiggy’s valuation has surged from $10.7 billion to a projected $15 billion! 𝑾𝒂𝒏𝒕 𝒕𝒐 𝒊𝒏𝒗𝒆𝒔𝒕 𝒊𝒏 𝑼𝒏𝒍𝒊𝒔𝒕𝒆𝒅 𝑺𝒉𝒂𝒓𝒆𝒔? Follow the link below to give us your details and explore our products: https://lnkd.in/gyJG2Bh5 #IPOAlert #SEBIGuidelines #InvestmentSafety #SMEIPO #InvestSmart #SmallInvestorsProtection #StockMarketNews #startup #Networking #sharescart #privteequity #unlistedshares #startupindia #finance #bajajfinance #investment2024 #SEBIGuidelines #SMEIPOUpdate #InvestmentProtection #StockMarketRegulations #IPOInvesting #SmallInvestorSafety #Day1IPO #stockmarkettips

Swiggy launched its highly anticipated IPO on Wednesday, which can make several employees crorepatis. Follow the link to learn more. Visit - https://lnkd.in/gnsiKETT #tradeflock #swiggyipo #ipolaunch #swiggy #crorepatis #investment #breakingnews #employeebenefits #financialnews #indianstockmarket #ipoalert #wealthcreation #ipo2024 #startupsuccess #investmentopportunity #stockmarketnews #indianstartups #ipoupdate #investoralert #economicgrowth #stockmarketindia #marketlaunch #wealthmanagement #stockexchange #businessnews 

Swiggy IPO Share Price Listing Live | IPO News: Swiggy shares list at 8% premium over IPO price; shares up 3% post listing Today’s listing is a landmark achievement for Swiggy, and a milestone for Prosus in India. Prosus has invested more than $8 billion into some of India’s best known digital companies including Swiggy, Urban Company and Meesho, along with many promising early-stage startups. Swiggy’s IPO is the latest success story for ‘Digital India’. Since our initial investment, we have consistently backed Swiggy as the team pushed boundaries, expanded into new categories, and enabled behavioural shifts by delivering value and delight to millions of customers across India. We’re confident that Swiggy will build on the strong foundation and customer love they enjoy to deliver many more pioneering innovations in the food and deliveries ecosystem - Ashutosh Sharma, Head of Growth Investments - India and Asia, Prosus https://lnkd.in/dTKUrnBq #swiggy #ipo #listing #stockmarket