🚀 Swiggy's IPO: A Game-Changer in the Food Delivery Industry? I just read the news that Swiggy has received the go-ahead from SEBI for its much-anticipated IPO, and it's set to be a big one - potentially raising around Rs 11,000 crore. With major backers like Prosus, SoftBank, and Accel, Swiggy’s clearly aiming high, but I can't help but wonder about the challenges ahead. It’s hard to ignore how competitive the food delivery market is, especially with Zomato already seeing massive growth post-IPO. Swiggy will need to prove its ability to turn a profit in a space that’s still burning cash and facing tough competition. Their use of the confidential filing route is interesting, as it helps protect sensitive info, but it also raises questions about what they might be holding back. With the November launch in sight, I’m curious to see how the market reacts and whether they can meet expectations. #Microcap #IPO #FoodDelivery #Swiggy #SEBI #Prosus #SoftBank #Accel #Zomato #StockMarket #Tech Read more: https://lnkd.in/dbB6yt-V
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🚀 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
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India's leading food-tech company Swiggy is gearing up for a massive IPO with a strategic valuation cut to attract investors amidst market volatility. The company aims to leverage the shifting landscape in food delivery and quick commerce, offering substantial growth potential and backing from high-profile investors. #FoodTech #IPONews #QuickCommerce #IndiaBusiness #InvestorAlert #Swiggy #IPO #IPOmarket #WhySwiggyIsSlashing #IPOvalue Read more 👇 https://shorturl.at/r9612
Why is Swiggy Slashing Its Valuation Target Ahead of the IPO?
https://sfctoday.com
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Swiggy Gears Up for Rs 10,000 Crore IPO: Key Insights Leading food delivery platform Swiggy is gearing up for its much-anticipated Rs 10,000 crore IPO, consisting of a fresh issue of Rs 3,750 crore and an offer for sale (OFS) from existing shareholders, including Prosus. Funds raised will focus on expanding Instamart’s dark stores, giving Swiggy an edge in the quick commerce race. This IPO marks the biggest for new-age companies since Paytm. Key Highlights: • IPO Filing: Swiggy submitted papers with SEBI for a Rs 10,000 crore offering. • Investor Exit: Prosus to sell shares worth over $500 million. • Quick Commerce Focus: IPO funds will help expand Instamart’s dark stores. • Record-Breaking: Largest IPO since Paytm in 2021. • Pre-IPO Buzz: Swiggy’s unlisted shares surged 40%, with high-profile investor interest. As Swiggy prepares for its listing, it aims to solidify its position in the competitive quick commerce and food delivery space. #SwiggyIPO #Instamart #StartupIndia #TechIPO #QuickCommerce #Zomato #FoodDelivery #IPO #Swiggy
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Swiggy IPO Alert: One of India's Biggest IPOs of the Year! Swiggy is all set to make its public debut, with the highly anticipated IPO launching on November 6, 2024, and open for bidding until November 8, 2024. The food delivery giant aims to raise ₹11,300 crore, with a valuation pegged at $11.2 billion. IPO Highlights: Total Issue Size: ₹11,300 crore 🔸 Offer for Sale (OFS): ₹6,800 crore 🔸 Fresh Equity Issue: ₹4,500 crore 🔍 Use of Proceeds: Investments in Scootsy, tech infrastructure, brand marketing, and business promotion Swiggy, a formidable competitor to Zomato in the food delivery space, is looking to expand its footprint in "quick commerce" and enhance its technological capabilities. With marquee funds like BlackRock and Canada Pension Plan Investment Board (CPPIB) showing interest, this IPO is set to be the second-largest stock offering in India this year. What to Expect: Post-IPO, Swiggy will likely follow Zomato's playbook, focusing on EBITDA positivity by reducing promotional expenses. A shift towards profitability could be the key to winning investors' trust. Stay tuned for the official dates and more updates on this exciting IPO launch! Follow - Aradhya Varyani #SwiggyIPO #IPOAlert #FoodDelivery #Ecommerce #IndiaBusiness #StockMarket #Investments #QuickCommerce
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Swiggy IPO size: The company aims to raise ₹11,327.43 crore from this initial offer, which will consist of a mix of fresh shares and OFS The online food delivery company's public issue price range is fixed at ₹371 to ₹390. One lot of the book build issue compares 38 company shares. Will remain open from November 6th to 8th, 2024. Financial performance of Swiggy, reported net loss in FY23 of 4,179 cr & in FY24 2,350 cr. Operating revenue reported in FY23 of 8,265cr & in FY24 11,247 cr. Swiggy's IPO values it at Rs 87,299 crore, at 7.7 times FY24 revenues, lower than Zomato's 17 times. Despite competition and no profitability yet, Swiggy's growth potential in quick commerce makes it appealing for long-term investors. #ipo #swiggyipo #initialpublicoffer #financial #zomato #stockmarket #nifty #sensex #bse #nse
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🚀 Swiggy’s ₹11,000 Crore IPO: Big Win or Big Risk? 🍕💰 Swiggy is all set to roll out its IPO, aiming to raise a massive ₹11,000 crore, with ₹5,000 crore in fresh capital. With a potential valuation near $15 billion, this is grabbing eyeballs from celebrity backers to retail investors. 🌟 But let’s not forget the competition—Zomato, Swiggy’s arch-rival, boasts a $27.33 billion market cap. 🥊 Is this IPO Swiggy's chance to close the gap, or is it a high-stakes gamble in the ever-competitive food delivery space? Would you place your bets on Swiggy’s IPO, or do you think Zomato is still the safer choice? Share your thoughts below! 🤔👇 #SwiggyIPO #Investing #FoodTech #Zomato #MarketBuzz
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Why is SEBI allowing loss making/ merely profitable companies to raise money through IPOs? The latest example of IPO by a loss making company is that of Swiggy who made losses of ₹2,350 crores in the last financial year. In November 2024, Swiggy raised ~₹11,327 crores through its IPO, offering shares at ₹371 to ₹390 price range which were listed at premium. Lately, even loss-making or barely profitable ventures are raising money through IPO and are getting listed. Same was the story of Zomato & Policybazaar.com Similarly, Paytm had high valuation during its IPO, however, post listing, it's stock price went down and is still in losses. "Why do you think SEBI is allowing these companies to raise IPO and why are the investors interested in these companies? In my opinion, the following are the two major reasons: 1. These companies are in high-growth sectors. 2. Investors feel that in long-term these companies will have a strong market position and will be generating profits. On a lighter note, did you get the allotment in Swiggy IPO? 🥳 #swiggy #ipo
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🚀 I’ve never seen this much buzz around a single IPO before! Everyone is talking about Swiggy’s upcoming IPO, and here’s why it’s causing such a stir. 👇 🍽️ Swiggy’s IPO Set at $1.4 Billion: Swiggy has updated its upcoming IPO to $1.4 billion and is expected to file the papers soon. With its massive market presence, this IPO is generating excitement like never before! #SwiggyIPO #MarketBuzz 💼 50% of the Food Delivery Market: Swiggy dominates **50% of the food delivery market**, making it one of the two giants in India’s food delivery industry alongside Zomato. This duopoly means Swiggy is well-positioned to continue its stronghold in the market. #FoodDelivery #SwiggyVsZomato 📈 A Duopoly in the Market: Swiggy and Zomato are the two major players ruling India’s food delivery industry. With such a strong market presence, Swiggy’s IPO is expected to be one of the most anticipated IPOs in recent times. #Duopoly #MarketLeader 🚀 The IPO Buzz is Real: Investors and market experts are excited about Swiggy’s IPO. Its growth, market share, and future prospects make this a significant event to watch out for! #IPOAlert #InvestorBuzz 💡 Want to stay updated on Swiggy’s IPO and investment tips? Comment "IPO" to book a one-on-one call and get all the details on this exciting opportunity! #MegaMoney #SwiggyIPO #InvestmentOpportunities #StockMarket #FoodDeliveryMarket
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Swiggy's valuation has surged from Rs 70,000 crore to Rs 1.16 lakh crore as it prepares for its upcoming IPO. This significant increase highlights investor confidence and the company's strong market position as a competitor to Zomato in the food delivery sector. The rise in valuation reflects Swiggy's growth strategies and potential for future expansion #swiggy #zomato #startuplife #startupbusiness #idea_glow_up #Idea_Glow_Up @idea_glow_up
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The excitement towards Swiggy's upcoming IPO is palpable, but its financial data reveals a more complex picture, particularly with a staggering net loss of ₹2,350 crore in FY24. Compounding the challenges, the food delivery company faces fierce competition not only from its arch-rival Zomato but also from quick-commerce players like Zepto. Given the above factors, a pressing question emerges: Will retail investors view Swiggy’s IPO as a promising opportunity similar to Zomato’s success, or will it echo the fate of Paytm, which struggled to gain momentum post-IPO? An in-depth analysis to understand all the risk factors involved in Swiggy's upcoming IPO: https://lnkd.in/gb29UzS3 Share your thoughts on Swiggy's upcoming IPO!! #Swiggy #SwiggyIPO #FoodDelivery #StockMarket #Zomato #Business #IndianStartups #QuickCommerce
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