Suspense Crime Sach Ka Dam
Swiggy IPO: The IPO of the food delivery app Swiggy is going to open for subscription next week. Swiggy’s IPO will open on Wednesday, November 6, and close on Friday, November 8. Swiggy is going to raise a total of Rs 11,327.43 crore through this IPO. Let us tell you that many big celebrities have invested in this company. The celebrity investors we are going to talk about here had invested money in the company in its initial phase.
Rahul Dravid has invested in Swiggy.
Celebrities who have invested in Swiggy include veterans from the film industry and the sports world. Let us tell you that before the IPO, Swiggy’s shares were actively traded in the unlisted market. Where former Team India captain and coach Rahul Dravid, Zaheer Khan, tennis player Rohan Bopanna, Karan Johar, and Ashish Chaudhary bought stakes in the company. Apart from this, Bollywood stars like Amitabh Bachchan and Madhuri Dixit have also bought Swiggy shares in the pre-IPO round through the secondary market.
Billionaire Ramdev Aggarwal has also invested money in the company.
According to reports, Motilal Oswal Financial Services chairman and co-founder Ramdeo Agarwal has also bought a stake in Swiggy. Swiggy has also received an overwhelming response from institutional investors for its $600 million anchor book. Major investors to participate in Swiggy’s IPO include global investment firms Fidelity, Capital Group, and Norges Bank Investment Management.
The company has fixed the price band between Rs 371 and Rs 390
Let us tell you that the online food delivery company has fixed a price band of Rs 371 to Rs 390 for each share under its IPO. The employees of the company applying for the IPO will be given a discount of Rs 25 on each share. Under this IPO, 11,53,58,974 new shares worth Rs 4499.00 crore will be issued. Along with this, the promoters of the company will issue 17,50,87,863 shares worth Rs 6828.43 crore through OFS.
