Swiggy has successfully completed a qualified institutions placement (QIP) of equity shares, raising approximately ₹99,999 crore. The issue includes the allotment of 26,66,66,663 Equity Shares to qualified institutional buyers at ₹375.00 per share. This move aims to strengthen the company’s capital base and support future growth initiatives. The issue opened on December 9, 2025, and closed on December 12, 2025.
Successful Equity Share Placement
Swiggy has announced the successful closure and allotment of its qualified institutions placement (QIP). The company allotted a total of 26,66,66,663 Equity Shares. These shares were issued to eligible qualified institutional buyers at a price of ₹375.00 per Equity Share, which includes a premium of ₹374.00 per Equity Share.
Key Details of the Issue
The aggregate value of the allotment totals approximately ₹99,999 crore (₹99,99,99,98,625). The issue officially opened on December 9, 2025, and concluded on December 12, 2025. Following the allotment, Swiggy’s equity share capital has increased from ₹2,49,36,46,892 to ₹2,76,03,13,555.
Major Allottees
Several significant institutional investors were allotted more than 5% of the Equity Shares offered in the issue. These include:
- ICICI Prudential (16.0000%)
- SBI (15.0000%)
- Aditya Birla Sun Life (6.0000%)
Source: BSE
