Swiggy opens ₹10,000-crore QIP
Financial Express Delhi
|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 Delhi.
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