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Vaibhav Babruwan Shingde

Stealth • 24d

Swiggy IPO: Is It Worth It? • Swiggy 's IPO will open between November 6th and November 8th, aiming to raise 11700 crores at a valuation of $11.3 billion. • The share price is between 371 and 390 rupees per share. The offering includes fresh issues of equity shares worth 3750 crores rupees and offers for sale up to 6644 crores. • Funds will be utilized for technology advancements and primarily in the Quick Commerce sector to compete with Zepto and Blinkit.

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