Private EquityScreenerRefer

MARKET INSIGHTS

  • EventsNEWPrivate market milestones
  • NewsPrecize daily pulse
  • BlogsIn-depth articles and opinions

GUIDES

Explore Now
  • Unlisted SharesStep-by-step · KYC
  • BuyingStep-by-step · KYC
  • SellingExit in 24 - 48 hours
  • Pre-IPOReturns · risks · case studies
  • Tax GuideBudget 2026 changes
  1. Home
  2. Unlisted share news
  3. Madhuri Dixit’s ‘Delicious Deal’: Actor Grabs Rs.1.5 Crore Swiggy Share…

Madhuri Dixit’s ‘Delicious Deal’: Actor Grabs Rs.1.5 Crore Swiggy Shares Before Stock Debut

19 Sept 2024

Add as preferred source
Key Takeaways

Celebrity investments of ₹3 crore support Swiggy’s momentum ahead of its $10-13 billion IPO.

Celebrity investments of ₹3 crore support Swiggy’s momentum ahead of its $10-13 billion IPO.

Swiggy

Swiggy

0.00%

Expert Analysis

Swiggy Gains ₹3 Crore Celebrity Investment.

Expert Analysis:

  • Celebrity Investment Details: Madhuri Dixit and Ritesh Malik invested ₹1.5 crore each, totaling ₹3 crore, in Swiggy via a secondary market transaction at ₹345 per share.

  • IPO Preparation: This investment comes ahead of Swiggy's $1.4 billion (₹11,664 crore) IPO, set for later this year.

  • Revenue Growth and Loss Reduction: Swiggy's FY24 revenue grew by 36%, from ₹8,265 crore to ₹11,247 crore, while losses fell by 44% due to better expense management.

  • Valuation and IPO Projections: Swiggy’s valuation in secondary transactions is estimated at $9-9.3 billion, with a projected IPO valuation of $10-13 billion.

Publisher:Editor Ji