Swiggy IPO

2024 - 11 - 4

Swiggy IPO: To Dive In or Not? The Food Fight of the Year!

Food Delivery - Grey Market Premium - Investment Advice - IPO - Market Trends - Quick Commerce - Swiggy - Zomato

Is the Swiggy IPO a tasty investment, or would you rather stick to Zomato? Let’s chew over some delicious details!

The buzz around the Swiggy IPO has been sizzling hotter than a tandoori oven! Setting the price range at ₹371 to ₹390 per share, this food-tech titan, backed by Softbank, could be valued at a jaw-dropping $11.3 billion. As investors eagerly wait to order up their shares, the initial public offering opens on Wednesday, November 6, marketed not just as a chance to own a piece of the food delivery empire, but also as a battleground against rival Zomato. Should you grab a forkful or let this dish pass?

On one hand, you have the grey market where Swiggy's shares are currently trading at a modest premium of nearly 4%. While that might sound appetizing, market experts are serving up caution, recommending investors to take a step back until the company’s financial performance and growth outlook become clearer. For those drooling over gourmet gains, brokerages like Bajaj Broking and SBI Securities are advocating for a long-term buy, essentially telling investors, "Be patient, and let this meal marinate!"

To make matters even more tantalizing, Swiggy plans to allocate the IPO proceeds towards enhancing its subsidiary Scootsy and beefing up its technology and cloud capabilities. With an ever-growing food delivery market in India, the stakes are indeed high. However, with great opportunity comes great scrutiny. As the investment world hovers like vultures over a buffet, the focus remains on how Swiggy will dish up results in this competitive landscape.

Meanwhile, let’s not ignore the elephant in the room—Zomato! With these two culinary conquerors battling for market supremacy, one can't help but wonder if it’s smart to back Swiggy or play it safe with Zomato. Hold onto your forks and knives, because this investment feast is just getting started! And here’s a fun fact: did you know Swiggy was launched just a few years ago in 2014 and it now has over 2 lakh restaurant partners? Talk about growing faster than your dad’s tummy at a family wedding! Let's see where this IPO takes us!

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Image courtesy of "Livemint"

Swiggy vs Zomato: Should you apply for Swiggy IPO or buy rival ... (Livemint)

Swiggy vs Zomato: At the upper-end of the price band of ₹371 to ₹390 per share, Swiggy IPO will value the Softbank-backed company at $11.3 billion, ...

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Image courtesy of "Business Today"

Swiggy IPO: Check key dates, price band, latest GMP & analyst views (Business Today)

The initial public offering of Swiggy is set to open on Wednesday, November 6 and the food-tech player is slated to offer its shares in the range of Rs ...

Swiggy IPO Shares Trade at Nearly 4% Premium in Grey Market ... (Outlook Startup)

The food delivery giant plans to use the proceeds towards investment in the material subsidiary, Scootsy, and to build technology and cloud infrastructure.

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Image courtesy of "Financial Express"

Upcoming IPOs: From Swiggy IPO, Niva Bupa IPO to Sagility here ... (Financial Express)

Upcoming IPOs this week: The primary markets raised a bit more than Rs 18500 crore in the first week of November with Swiggy raising the highest among all.

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Image courtesy of "News18"

Swiggy IPO: Opening Date, Price, GMP, Recommendations ... (News18)

Swiggy IPO: The grey market activity currently suggests very less interest in the IPO even as Swiggy's unlisted shares are trading at just a 4.87 per cent ...

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Image courtesy of "Daijiworld.com"

Avoid Swiggy IPO till its financial performance, growth outlook ... (Daijiworld.com)

New Delhi, Nov 4 (IANS): Industry experts and brokerages on Monday advised investors to avoid the upcoming initial public offering (IPO) of food delivery ...

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Image courtesy of "YourStory.com"

Swiggy IPO's anchor investment bids to open tomorrow (YourStory.com)

Swiggy plans to list on the domestic bourses on Monday, November 13, after completing the book-building process this week.

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Image courtesy of "Inc42 Media"

Swiggy IPO: Buy For The Long Term, Say Brokerages (Inc42 Media)

Brokerage firms Bajaj Broking and SBI Securities suggest investors to subscribe to Swiggy IPO with a long term investment perspective.

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Image courtesy of "The Economic Times"

Swiggy IPO: Key 10 things to know about the Rs 11000 Crore issue (The Economic Times)

Swiggy has set the price band for its Rs 11300 crore initial public offering (IPO) at Rs 371-390 per equity share of the face value of Re 1, according to an ...

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Image courtesy of "BW Businessworld"

Swiggy IPO Rundown: Eyes On $50 Bn Quick Commerce Market ... (BW Businessworld)

Swiggy's CEO Sriharsha Majety and CFO Rahul Bothra on Monday outlined an ambitious growth strategy, including a projection of the company's expansion in ...

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Image courtesy of "Deccan Herald"

Set to open on Nov 6, Swiggy IPO will bankroll its quick commerce ... (Deccan Herald)

With its price band set between Rs 371 to 390, the IPO will have a primary offer size is of Rs 4500 crores, including Rs 27 crores reserved for employees at ...

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Image courtesy of "Economic Times"

Swiggy IPO: Swiggy's more a bet on Qcomm's rise than a Zomato ... (Economic Times)

Proceeds from the fresh issue will be used to repay debt, add dark stores, invest in technology and cloud infrastructure, brand marketing and fund inorganic ...

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Image courtesy of "मनी कंट्रोल"

Swiggy IPO: खुलने से पहले ग्रे मार्केट में सुस्ती, 11327 करोड़ रुपये ... (मनी कंट्रोल)

Swiggy IPO को ग्रे मार्केट में कुछ खास रिस्पॉन्स नहीं मिल रहा है। खुलने से पहले आज 4 नवंबर को यह पब्लिक इश्यू महज 20 रुपये के ...

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Image courtesy of "Money Nest By Varun Singh"

Swiggy IPO: क्या यह ज़ोमैटो को पीछे छोड़ देगा? जानें इसके संभावित प्रभाव ... (Money Nest By Varun Singh)

Swiggy IPO: स्विग्गी (Swiggy) का IPO (Initial Public Offering) भारतीय बाजार में चर्चा का केंद्र बना हुआ है। यह IPO 6 नवंबर को खुलने वाला है, ...

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Image courtesy of "Hindustan हिंदी"

Swiggy IPO या फिर Zomato Share? कहां दांव लगाना रहेगा फायदेमंद ... (Hindustan हिंदी)

Swiggy IPO vs Zomato Share: स्विगी आईपीओ 6 नवंबर को खुलने जा रहा है। कंपनी के आईपीओ का साइज 11000 करोड़ रुपये से अधिक का है।

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Image courtesy of "Zee News Hindi"

अगर इस IPO को खरीद ल‍िया तो चौपट हो जाएगी आपकी रकम! एक्‍सपर्ट ने ... (Zee News Hindi)

Swiggy IPO Price Band: सैमको सिक्योरिटीज ने कहा कि वित्त वर्ष 24 में स्विगी ने घाटा दर्ज किया था. हाल ही में मुनाफे में आई इसकी मुख्य ...

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Image courtesy of "Moneycontrol.com"

Swiggy IPO GMP indicates muted listing gains amid negative market ... (Moneycontrol.com)

The IPO of the food delivery app comes at a time, with concerns around urban demand slowdown and foreign investor outflows weighing on the domestic market.

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Image courtesy of "Financial Express"

Swiggy IPO all set to launch on November 06: Here are 6 key risks ... (Financial Express)

1. Net loss since incorporation: The food-delivery company has incurred net losses in each year since incorporation. It has negative cash flows from operations.

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Image courtesy of "Hindustan Times"

Swiggy IPO opens tomorrow: Madhuri Dixit, Amitabh Bachchan ... (Hindustan Times)

Swiggy IPO: From Bollywood actors and film producers to sports celebrities, Swiggy shares have already been in high demand in the secondary market.

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Image courtesy of "Financial Express"

Swiggy IPO Live: Check GMP, price band, subscription, allotment ... (Financial Express)

Swiggy IPO GMP, Price Band, Subscription & Allotment Status Live Updates: The company's earnings per shares was (-) Rs 11.07 before IPO while it stands at ...

Swiggy IPO: Swiggy's Big IPO Move: What sets it apart from ... (Economic Times)

Let's jump into Swiggy's Rs 11,000 crore IPO. With everything from food delivery to Instamart, it's a major offering. So, what's Swiggy focusing on right now?

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Image courtesy of "Hindustan हिंदी"

Swiggy IPO का इंतजार खत्म... ग्रे मार्केट में कैसा है रेस्पॉन्स, यहां चेक करें (Hindustan हिंदी)

आईपीओ में 4499 करोड़ रुपये तक के इक्विटी शेयरों का एक नया इश्यू और ऑफर फॉर सेल के तहत 175087863 इक्विटी शेयरों की बिक्री का प्रस्ताव ...

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Image courtesy of "CNBCTV18"

Swiggy IPO GMP: Grey Market Premium rises to 5% as issue opens ... (CNBCTV18)

Analysts have given mixed ratings on the Swiggy IPO. While some advise investors to subscribe, citing a fair valuation, others recommend avoiding it due to ...

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