Swiggy has released its Monitoring Agency Reports for the quarter ended December 31, 2025 (Q3 2025), as issued by CRISIL Ratings Limited. The reports cover the utilization of proceeds from the Initial Public Offer (IPO) and Qualified Institutional Placement (QIP) of the company. The reports have been reviewed by the Audit Committee and approved by the Board.
Q3 2025 Monitoring Agency Report
Swiggy has submitted Monitoring Agency Reports from CRISIL Ratings Limited concerning the use of funds from its Initial Public Offer (IPO) and Qualified Institutional Placement (QIP) for the quarter ending December 31, 2025 (Q3 2025).
IPO Proceeds Utilization
As of December 31, 2025, the IPO proceeds were allocated as follows:
- Investment in Material Subsidiary: ₹1,648.00 million
- Expansion of Dark Store Network: ₹7,554.00 million
- Lease/License Payments for Dark Stores: ₹4,233.00 million
- Investment in Technology and Cloud Infrastructure: ₹7,034.00 million
- Brand Marketing and Business Promotion: ₹11,153.00 million
- Funding Inorganic Growth: ₹11,967.82 million
- Expenses Related to the Fresh Issue: ₹1,400.18 million
QIP Proceeds Utilization
Swiggy has also reported on the utilization of funds raised through its Qualified Institutional Placement.
The overall utilisation of QIP proceeds were channelised towards expansion and operation of the company’s quick commerce fulfilment network, with a sum of ₹44,750.00 million invested towards infrastructure, stores, and warehouses.
- Total QIP Proceeds: ₹1,00,000.00 million
- Funds directed towards fulfilment network: ₹44,750.00 million
Source: BSE
