{"id":36023,"date":"2024-04-26T10:12:29","date_gmt":"2024-04-26T10:12:29","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/26\/swiggy-confidentially-files-draft-ipo-papers-for-1-25-billion-public-listing\/"},"modified":"2024-04-26T10:12:29","modified_gmt":"2024-04-26T10:12:29","slug":"swiggy-confidentially-files-draft-ipo-papers-for-1-25-billion-public-listing","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/26\/swiggy-confidentially-files-draft-ipo-papers-for-1-25-billion-public-listing\/","title":{"rendered":"Swiggy confidentially files draft IPO papers for $1.25 billion public listing"},"content":{"rendered":"
\"Swiggy<\/div>\n
Food and grocery delivery company Swiggy<\/a> has filed draft papers<\/a> for an initial public offering<\/a> (IPO<\/a>) with capital markets regulator Securities and Exchange Board of India (Sebi<\/a>), people aware of the matter said.
The Bengaluru-based company, which secured a nod from its shareholders for a $1.25 billion public listing earlier this week, has made the filings through Sebi\u2019s confidential route. <\/p>\n
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Under the confidential route, the company will not publicly release a draft red herring prospectus (DRHP).<\/p>\n

Responding to an email query sent by ET, a Swiggy spokesperson said, \u201cWe do not comment on any market speculation or rumours.\u201d <\/p>\n

ET reported on Thursday that Swiggy\u2019s shareholders have green lit the public offering, which will include $450 million of fresh issue and up to $800 million in the offer-for-sale component.<\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Food and grocery delivery company Swiggy has filed draft papers for an initial public offering (IPO) with capital markets regulator Securities and Exchange Board of India (Sebi), people aware of the matter said.The Bengaluru-based company, which secured a nod from its shareholders for a $1.25 billion public listing earlier this week, has made the filings […]<\/p>\n","protected":false},"author":2,"featured_media":36024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/msid-109621866,imgsize-2427664.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[1289,39059,4048,39058,563,9783,2799,3432,16205,3560,9136,14690,17957],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/36023"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=36023"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/36023\/revisions"}],"predecessor-version":[{"id":36025,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/36023\/revisions\/36025"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/36024"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=36023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=36023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=36023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}