Swiggy has successfully completed a qualified institutions placement (QIP) of equity shares, raising capital from eligible qualified institutional buyers (QIBs). The company allocated 26,66,66,663 equity shares at a price of ₹375.00 per share. This placement was approved by the Investment & Allotment Committee on December 12, 2025, marking a significant step in Swiggy’s financial strategy.
Equity Share Placement Approval
Swiggy Limited has announced the successful placement of equity shares to qualified institutional buyers (QIBs). The Investment & Allotment Committee of the Board approved the closure of the issue on December 12, 2025, following the receipt of application forms and funds in the escrow account.
Details of the Share Allocation
The company allocated 26,66,66,663 equity shares at an issue price of ₹375.00 per equity share, including a premium of ₹374.00 per equity share. This price represents a discount of 3.97% to the floor price of ₹390.51 per equity share. The allocation was determined according to prescribed regulations, ensuring compliance throughout the process.
Placement Document and Confirmation
Swiggy also approved and adopted the placement document dated December 12, 2025. The company finalized the confirmation of allocation note, which will be sent to the eligible QIBs, informing them of the allocation of equity shares as per the issue. Details of the placement document are available on the company’s website.
Source: BSE
