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SWIGGY

Swiggy is a tech-driven company focused on consumer convenience, offering a seamless platform through its integrated app that enables users to explore, select, order, and pay for a variety of items, including food, groceries, and household goods. Its primary business model centers on a B2C marketplace, where it brings together restaurant and retail partners, allowing them to showcase their offerings while users can easily browse and make purchases. Swiggy manages the end-to-end process, including delivery, reservations, payments, and lead generation for its partners.

Swiggy’s operations span five key business areas: (i) Food Delivery, (ii) Out-of-home Consumption, covering dining out and events, (iii) Quick Commerce, which focuses on delivering groceries and household products swiftly, (iv) Supply Chain and Distribution, supporting B2B needs such as warehousing, logistics, and wholesale distribution, and (v) Platform Innovations, introducing new features like Swiggy Genie and Swiggy Minis.

Beyond catering to customers, Swiggy also empowers its business partners—restaurants, grocery stores, and brands—by offering tools powered by data analytics to strengthen their digital presence and customer reach. It also provides supply chain services and a broad delivery network. As of June 30, 2024, Swiggy had an active user base of 112.7 million and employed a workforce of 5,401.

Swiggy IPO Details

Signature Global IPO Details
Swiggy IPO Dates
6 – 8 November 2024
Swiggy Issue Price
INR 371 – 390 per share (Employee Discount – INR 25 per share)
Fresh issue
INR 4,499 crore
Offer For Sale
17,50,87,863 shares (INR 6,828.43 crore)
Total IPO Size
INR 11,327.43 crore
Minimum bid (size)
38 shares (INR 14,820)
Face Value
INR 1 per share
Retail Allocation
10%
Listing On
NSE, BSE

Swiggy Financial Performance

Signature Global Financial Performance

FY2022

FY2023

FY2024

Q1 FY 2025

Revenue

5,704.90

8,264.60

11,247.39

3,222.22

Expenses

9,574.45

12,884.40

13,947.38

3,907.96

Net income

(3628.90)

(4,179.30)

(2,350.24)

(611.01)

Margin (%)

(63.61)

(50.57)

(20.90)

(18.96)

Figures in INR Crore unless specified otherwise

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