Swiggy Closes INR 10K Cr QIP By Issuing Shares At INR 375 Apiece
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Swiggy Share Price Today: Swiggy Stock in Focus After ₹10,000 Crore QIP Close; Analysts’ Targets Split From ₹290 to ₹740
Updated: Saturday, December 13, 2025 (India) Swiggy Limited stock is back in the spotlight this weekend after the company completed a ₹10,000 crore Qualified Institutional Placement (QIP)—one of the biggest equity raises by an Indian internet-era company—at a time when the quick commerce arms race is still chewing through cash across the sector. The Economic Times+1 As markets are closed on Saturday, “Swiggy share price today” is effectively ref…
Swiggy Closes INR 10K Cr QIP By Issuing Shares At INR 375 Apiece
Listed foodtech giant Swiggy has raised about INR 10,000 Cr (around $1.2 Bn) through its qualified institutional placement (QIP) by issuing 26.7 Cr equity shares. In an exchange filing, the company said that it allocated the new shares at INR 375 apiece, a discount of about 4% to the floor price of INR 390.5. Earlier this week, sources told Inc42 that Swiggy’s QIP saw strong demand and received most of the bids at around INR 375 per share. The Q…
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