Markets / IPO / Swiggy

Swiggy IPO

Updated 17:58

Mainboard IPO on NSE and BSE · E-Retail/ E-Commerce

Status

Listed

Price band

₹371–390

Lot size

38 shares · ₹14,820

Subscribed

3.59×

How it listed

Issue price

₹390

Listing price (open)

₹420.00 +7.69%

First-day close

₹456.00 +16.92%

Price now

₹191.17 -50.98%

Listing day	13 Nov 2024
Open / high / low / close	₹420.00 / ₹465.80 / ₹391.00 / ₹456.00
Shares traded on NSE	11,29,60,103
Market value at the listing-day close	₹1,19,472 cr

Closing prices since listing: 26 Oct ₹185.75, 27 Oct ₹188.95, 28 Oct ₹183.50, 29 Oct ₹185.25, 30 Oct ₹176.60, 2 Nov ₹177.73, 3 Nov ₹176.72, 4 Nov ₹178.89, 5 Nov ₹189.51, 6 Nov ₹191.17.

Swiggy share price, live chart and technicals →

Key dates

Bidding opens	6 Nov 2024
Bidding closes	8 Nov 2024
Allotment	11 Nov 2024
Refunds and shares in demat	12 Nov 2024
Listing	13 Nov 2024

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	13,03,85,211	44.88%	–
Institutions (QIB)	8,69,23,475	29.92%	–
HNI / NII	4,34,61,737	14.96%	–
HNI, above ₹10 lakh	2,89,74,492	9.97%	11,213
HNI, ₹2–10 lakh	1,44,87,245	4.99%	27,231
Retail	2,89,74,491	9.97%	7,62,486
Employees	7,50,000	0.26%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	38	₹14,820
Retail (maximum)	13	494	₹1,92,660
Small HNI (minimum)	14	532	₹2,07,480
Small HNI (maximum)	67	2,546	₹9,92,940
Big HNI (minimum)	68	2,584	₹10,07,760

At ₹390 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 1

Retail allotments available

7,62,486 × one lot

Retail portion subscribed

1.14×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	8,69,23,475	52,30,89,494	6.02×
HNI / NII	4,34,61,737	1,79,01,724	0.41×
HNI, above ₹10 lakh	2,89,74,492	1,07,03,612	0.37×
HNI, ₹2–10 lakh	1,44,87,245	71,98,112	0.50×
Retail	2,89,74,491	3,30,79,304	1.14×
Employees	7,50,000	12,37,470	1.65×
Total	16,01,09,703	57,53,07,992	3.59×

NSE and BSE bids together, as of 8 Nov 2024 19:00.

Demand at each price

Top price ₹390	5,440.31 lakh shares	94.5%
Cut-off final price, whatever it is; mostly retail	303.14 lakh shares	5.3%
Lower prices ₹371–389	12.14 lakh shares	0.2%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	5 Nov 2024
Anchor shares	13,03,85,211
Raised from anchors	₹5,085.02 cr
Lock-in ends for the first 50% (30 days)	10 Dec 2024
Lock-in ends for the remaining 50% (90 days)	8 Feb 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹1,02,180 cr	₹50,087 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	₹26,914 cr
Profit, last 12 months	₹-3,579 cr
Return on equity	-21.1%
Debt to equity	0.00

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: E-Retail/ E-Commerce

Company	Listed	Subscribed	On listing	Since IPO
AceVector	5 Oct	4.93×	-11.50%	-41.22%
Acetech E-Commerce SME	9 Mar	–	0.00%	+23.21%
Meesho	10 Dec	79.03×	+46.40%	+110.34%
Urban Company	17 Sept	103.63×	+57.52%	+53.51%

IPO details

Price band	₹371–390
Final issue price	₹390
Lot size	38 shares
Minimum investment	₹14,820 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	Re 1 per Equity Share
Industry	E-Retail/ E-Commerce
Issue size	₹11,327.43 crore (about 29.04 crore shares) · Fresh issue + offer for sale: fresh ₹4,499.00 cr, offer for sale ₹6,828.43 cr
ISIN	INE00H001014
Registrar	Link Intime India Private Limited Helpline: +91 8108114949, swiggy.ipo@linkintime.co.in
Lead managers	Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Citigroup Global Markets
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 11 Nov 2024. Check it on the registrar's page (Link Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Swiggy IPO price band and lot size?

The price band is ₹371–390 per share, and one lot is 38 shares (₹14,820 at the upper price).

When is the Swiggy IPO allotment date?

Allotment was finalised on 11 Nov 2024, the next working day after bidding closed on 8 Nov 2024.

How many times was the Swiggy IPO subscribed?

In total 3.59 times, on NSE and BSE together; retail 1.14 times.

What is the Swiggy IPO listing date?

It listed on 13 Nov 2024 on NSE and BSE.

What is the chance of getting Swiggy IPO shares?

At least 1 in 1 retail applicants got the minimum lot: 7,62,486 retail allotments with the retail portion subscribed 1.14 times. Winners are picked by lottery.

When does the Swiggy anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 10 Dec 2024 and the 90-day lock-in on the rest ends on 8 Feb 2025; they can sell from the next trading day.

What was the Swiggy listing gain?

It opened at ₹420.00 against an issue price of ₹390, a gain of 7.69%. It is now down 50.98% from the issue price.