Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Swiggy opens ₹10,000-crore QIP
Financial Express Bengaluru
|December 10, 2025
FOOD AND GROCERY delivery platform Swiggy on Tuesday launched a qualified institutional placement (QIP) issue to raise ₹10,000 crore, just a year after its market debut.
Swiggy has fixed a floor price of ₹390.51, a 2% markdown from Tuesday's closing price of ₹397.95 on the BSE. Notably, this pricing is marginally above its initial public offering price of ₹390 per share. The company has indicated it may extend an additional discount of up to 5% on the floor price.
The fundraising comes as the domestic quick commerce market expands amid surging demand and intensifying competition.
This story is from the December 10, 2025 edition of Financial Express Bengaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Bengaluru
Financial Express Bengaluru
Corporate leaders hail Bengal’s biz climate, pledge huge investments
TOP INDUSTRY LEADERS on Thursday lauded the Mamata Banerjee-led West Bengal government for maintaining a “favourable” business climate, as several companies announced expansion and fresh investment plans during a conclave here.
1 min
December 19, 2025
Financial Express Bengaluru
More pressure likely for GIC Re
THE REDUCTION IN capital requirements for foreign reinsurance branches (FRBs) under the latest Insurance Amendment Bill is expected to attract more overseas players into the ₹98,000-crore domestic reinsurance market.
1 mins
December 19, 2025
Financial Express Bengaluru
Oman FTA to boost capital flow
TRADE EXPERTS SAID the significance of the deal is more than what the current trade suggests, as it would help strengthen New Delhi’s economic and geopolitical presence at the mouth of the Gulf.
2 mins
December 19, 2025
Financial Express Bengaluru
Securities market Bill in LS
UNDERTHE BILL, the strength of the Sebi board will increase from nine to 15 members. The Code also provides a framework for inter-regulatory coordina- tion, including for the listing of non-traditional securities, and introduces regulatory sand- boxes to facilitate innovation in financial products, contracts and services. In addition, Sebi will be mandated to follow a transparent and consultative process while issuing subordi- nate legislation, conduct peri- odic reviews of regulations, and carry out regulatory impact assessments.
2 mins
December 19, 2025
Financial Express Bengaluru
Ola founder sells another 28.3 million shares; stock hits new low
OLA ELECTRIC FOUNDER
1 min
December 19, 2025
Financial Express Bengaluru
Oman FTA to facilitate easier flow of capital, professionals
ALMOST ALL EXPORTS from India to Oman will be at zero duty after the trade agreement signed on Thursday between the two countries comes into force by March, with farm goods, textiles, engineering, electronics, chemicals and auto sectors among the major beneficiaries.
1 min
December 19, 2025
Financial Express Bengaluru
Firms can have 50% of Indian staff in Oman
BIZ VISITORS PERMITTED TO STAY UPTO 90 DAYS
1 mins
December 19, 2025
Financial Express Bengaluru
ECB registrations at two-year low
ACTIVITY SLOWS
1 mins
December 19, 2025
Financial Express Bengaluru
AMC stocks rise on higher cap for brokerage fees
HAILING SEBI MOVE
2 mins
December 19, 2025
Financial Express Bengaluru
Investor wealth growth in 2025 slowest in seven years
AFTER BACK-TO-BACK GAINS
1 min
December 19, 2025
Listen
Translate
Change font size