Share the post "IPO Launch: Swiggy’s Book Building on 06-11-2024!"
An IPO, or Initial Public Offering, is the first sale of stock by a private company to the public, marking its entry into the stock market. This process helps the company raise funds for expansion and provides liquidity to existing shareholders. The IPO process includes setting a share price, marketing the offering, and complying with regulatory requirements to ensure transparency for potential investors. Swiggy IPO of Book Building type offers an equity issue (inclusive of premium) with a face value of ₹ 1.00. The issue is live from 06 Nov 2024 to 08 Nov 2024 , with a market lot of 38 shares. This call notice includes , covering ₹1.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | Swiggy Limited |
|---|---|
| Offer Price () | 371.00 – 390.00 |
| Face Value | 1.00 |
| Type Of Issue | Book Building |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Symbol | SWIGGY |
| Issue Period | 06 Nov 2024 to 08 Nov 2024 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Cut-off Time For UPI Mandate Confirmation | 08-Nov-2024 (upto 5:00 PM) |
| Issue Size – No. Of Shares | 29,64,05,248 |
| Price Band | 371.00-390.00 |
| Tick Size | 1.00 |
| Market Lot | 38 |
| Minimum Bid Quantity | 38 |
| Maximum Bid Quantity For Qualified Institutional Investors | 295655238 |
| Maximum Bid Quantity For Non-Institutional Investors | 73913800 |
| Book Running Lead Manager | 1) Kotak Mahindra Capital Company Limited2) J.P. Morgan India Private Limited3) Citigroup Global Markets India Private Limited4) BofA Securities India Limited5) Jefferies India Private Limited6) ICICI Securities Limited7) Avendus Capital Private Limited |
| Registrar | Link Intime India Private Limited |
| Sponsor Bank | 1) ICICI BANK2) AXIS BANK3) KOTAK BANK |
| Exchange Notices | 1) Processing of ASBA applications in Public Issue of Equity Shares and Convertibles |
| Notes | As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However, in case of electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years. |
Swiggy IPO opens on 06-11-2024, and closes on 08-11-2024
| Start Date | 06-11-2024 |
|---|---|
| End Date | 08-11-2024 |
| Issue Period | 06 Nov 2024 to 08 Nov 2024 |
Here are more informative data links:
- Price-Band Advertisement
- Prospectus & GID
- Blank ASBA Form
- Online ASBA Form
- Revised Online ASBA Form
- Registrars To An Issue And Share Transfer Agents/Depository Participants
- Branches Of SCSBs Where Syndicate / Sub Syndicate Member To Submit ASBA Form
- List Of SCSBs For Syndicate ASBA And Under ASBA Facility
- Self Certified Syndicate Banks Eligible As Issuer Banks For UPI
