Swiggy
MAINBOARD
Listed
Price Band
₹371 - ₹390
Lot Size
38 Shares
Issue Size
₹4,499.00 Cr
Fresh Issue
₹3,149.30 Cr
OFS
₹1,349.70 Cr
Registrar
Link Intime India Private Limited
AI Sentiment Score
Listing Price
₹420.00
vs Issue: ₹390 (+7.69%)
📅 IPO Timeline
✓
Open
Nov 6, 2024
✓
Close
Nov 8, 2024
✓
Allotment
Nov 11, 2024
✓
Refund
Nov 12, 2024
✓
Demat
Nov 12, 2024
✓
Listing
Nov 13, 2024
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Swiggy displays an established operational footprint with expanding revenue streams (40.8% CAGR) and a defensible value proposition.
💪 Strengths
- Demonstrated operational revenue trajectory with resilient top-line growth (40.8% CAGR).
- Established customer relationships and market position across target industry sectors.
- Sound operational capital returns with Return on Capital Employed (ROCE) at -24.1%.
⚠️ Weaknesses
- Exposure to input cost fluctuations and broader macroeconomic supply chain cycles.
- Working capital requirements to support continuous capacity expansion.
- Competitive landscape from both established incumbents and specialized regional players.
🚀 Opportunities
- Industry tailwinds from rising domestic capex and infrastructure spending.
- Operating leverage potential allowing margin expansion as manufacturing utilization rises.
- Geographic diversification and entry into higher-margin specialized product lines.
🛡️ Threats
- Sectoral regulatory shifts and evolving statutory compliance requirements.
- Aggressive pricing actions by domestic competitors impacting gross margins.
- Broader market equity volatility and liquidity fluctuations.
📊 Financial Overview & Growth Trajectory
Multi-year operational scale & net profitability trajectory
| Metric | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue (₹ Cr) | Rs 8,265.00 Cr | Rs 11,247.00 Cr | Rs 15,227.00 Cr | Rs 23,053.00 Cr |
| Net Profit / PAT (₹ Cr) | Rs -4,179.00 Cr | Rs -2,350.00 Cr | Rs -3,117.00 Cr | Rs -4,154.00 Cr |
| EBITDA / Op. Profit (₹ Cr) | Rs -4,273.00 Cr | Rs -2,199.00 Cr | Rs -2,788.00 Cr | Rs -3,235.00 Cr |
| Borrowings (₹ Cr) | Rs 16,162.00 Cr | Rs 16,437.00 Cr | Rs 1,702.00 Cr | Rs 2,551.00 Cr |
| Total Assets (₹ Cr) | Rs 11,281.00 Cr | Rs 10,529.00 Cr | Rs 15,205.00 Cr | Rs 25,237.00 Cr |
| ROE % | 0.00% | 0.00% | 0.00% | 0.00% |
| ROCE % | -24.10% | -24.10% | -24.10% | -24.10% |
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Debt/Equity
0.14
📋 Live Subscription Status
QIB
6.02x
NII
0.50x
Retail
1.14x
Total
3.59x
🎯 Retail Allotment Probability
87.7% Odds
1 in 1.1 chance (~87.7% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Sep 12, 2026 2:41 PM
💼 Issue Structure & Reservation Quota
Capital Structure
₹4,499.0 Cr
Issue Size
Fresh (70%)
OFS (30%)
Reservation Quota
100%
Allocation
QIB (50%)
NII (15%)
Retail (35%)
QIB
50.00%
Retail
35.00%
NII
15.00%
🔗 Important Links & Lead Managers
- SEBI Filings (DRHP)View on SEBI →
- SEBI Filings (RHP)View on SEBI →
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.