Swiggy Unlisted Shares
Softbank-backed Swiggy said to eye IPO filing this week
money control
2 min read
Swiggy, Backed by SoftBank, is expected to File for IPO This Week.
Expert Analysis:
IPO Plans: Swiggy Ltd. plans to file for its domestic IPO this week, aiming to raise over $1 billion amidst a strong share sale pipeline.
Regulatory Approval: The company is awaiting approval from India's Securities and Exchange Board of India (SEBI), to proceed with the IPO filing.
Details in Discussion: The IPO’s size and timing are still under discussion.
Swiggy’s IPO seeks over $1 billion, reflecting strong investor interest in a booming Indian market that has raised $7.8 billion this year.
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