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Swiggy's share issue comes on the heels of Hyundai Motor India's record IPO, which received a dismal response from retail investors put off by the price. The carmaker's stock is down 6% since listing.
Swiggy received a shareholder approval in April for an IPO that would raise up to $1.25 billion and its confidential filing is expected to be cleared by the Indian markets regulator within a month ...
Swiggy is selling shares worth 37.5 billion rupees ($448.56 million), while existing shareholders including Prosus, Accel India and Tencent Europe will sell about 185.3 million shares, the company ...
In January 2024, Swiggy laid off 400 employees, or 6% of its workforce, ahead of IPO. [31] [32] In April 2024, Swiggy converted itself into a public limited company [33] and confidentially filed for an initial public offering. [34] Swiggy launched its initial public offering (IPO) in November 2024 at ₹390 per share, valuing the company at $11 ...
Companies are only listed on the Singapore Exchange if they do well. If their average daily market capitalisation is less than $40 million over the last 120 market days, then it is placed on a watch-list, and if it does not improve within two years it is delisted from the Singapore Exchange. [ 2 ]
IPO 73 China Cheng Wei: Facebook 50 January 2011 May 2012 [608] IPO 104 United States Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Chris Hughes, Dustin Moskovitz: Xiaomi: 45 April 2015 July 2018 [609] IPO 70 China Lei Jun: Alibaba: 42 June 2016 September 2014 [610] IPO 238 China Jack Ma: Lufax: 39.4 March 2019 October 2020 [611] IPO 33 ...
Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion, two sources familiar with the matter told TechCrunch.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.