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

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Swiggy Recordsdata For Rs 3,750-Crore IPO, Amongst India’s Greatest 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 more likely to be amongst India’s greatest listings this yr.

On Wednesday, it got here to gentle that Swiggy had obtained clearance for the IPO from markets regulator SEBI and the corporate stated on Thursday that it goals to boost Rs 3,750 crore by a public providing.

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

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