Swiggy Ltd

(SWIGGY)

Swiggy Limited was incorporated as Bundl Technologies Private Limited as a Private Limited Company dated December 26 2013 issued by the Registrar of Companies Andhra Pradesh at Hyderabad. Company changed the name to Swiggy Private Limited to which a fresh Certificate of Incorporation dated April 1 2024 was issued by the RoC CPC. The Company got converted into a Public Limited Company and the name was changed to Swiggy Limited. A fresh Certificate of Incorporation dated April 10 2024 was accordingly issued by the RoC CPC.Swiggy is a consumerfirst technology company offering users an easytouse convenience platform to browse select order and pay for food Food Delivery grocery and household items Instamart and have their orders delivered to their doorstep through ondemand delivery network. The business platform can be used to make restaurant reservations Dineout and for events bookings SteppinOut avail product pickup/ dropoff services Genie and engage in other hyperlocal commerce Swiggy Minis among others activities. The Company launched Food Delivery business in 2014 and later on expanded the same to cover 500cities in 2019. Swiggy Instamart and Swiggy Genie got launched in 2020. The Company acquired the DineOut business and introduced restaurant discovery bookings and payment services in 2022. It further expanded the Swiggy Instamart to cover 25 cities 400 Dark Stores and 8400 SKUs in 2022.In 2022 the Company launched Swiggy Minis. It acquired 100 stake in Lynks Logistics Limited making it a wholly owned subsidiary in 2023. It further launched Swiggy Mall in 2023. The Company expanded the EV fleet to nearly 7500 active electric vehicles in 2023. The Company is planning an Initial Public Issue by raising money from public aggregating to Rs 3750 Crore and by issuing upto 185286265 Equity Shares through Offer for Sale..

Share Price: ₹430.70 per share as on 14 Nov, 2024 04:01 PM
Market Capitalisation: ₹1,02,073.20Cr as of today
Revenue: ₹3,222.22Cr as on June 2024 (Q2 24)
Net Profit: ₹-611.01Cr as on June 2024 (Q2 24)
Listing date: 13 Nov, 2024
Chairperson Name: Anand Kripalu