Swiggy Information For Rs 3,750-Crore IPO, Amongst India’s Largest Listings This Yr

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Swiggy Information For Rs 3,750-Crore IPO, Amongst India’s Largest Listings This Yr

New Delhi:

Meals supply and fast commerce big Swiggy has filed for a Rs 3,750-crore Preliminary Public Providing (IPO) in what’s prone to be amongst India’s largest listings this yr.

On Wednesday, it got here to mild that Swiggy had acquired clearance for the IPO from markets regulator SEBI and the corporate mentioned on Thursday that it goals to lift Rs 3,750 crore by means of a long-awaiter public providing.

In its draft prospectus, the Bengaluru-based firm has mentioned present shareholders, together with Tencent Europe and Accel India, will promote roughly 185 million shares. 

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