{"id":4781,"date":"2024-11-04T13:15:15","date_gmt":"2024-11-04T07:45:15","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=4781"},"modified":"2024-11-04T15:56:30","modified_gmt":"2024-11-04T10:26:30","slug":"review-of-swiggy-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/review-of-swiggy-ipo\/","title":{"rendered":"Review of Swiggy Limited IPO: Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n

Swiggy IPO Price: <\/strong>\u20b9371 to \u20b9390 per share
IPO Dates:<\/strong> 6 November 2024 – 8 November 2024<\/p>\n\n\n\n

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\"Swiggy<\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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Company Overview<\/strong><\/h2>\n\n\n\n

Incorporated on December 26, 2013, Swiggy Limited is a new-age, consumer-focused technology company offering a convenient, unified platform that enables users to browse, select, order, and pay for food and household items, all accessible via a single app. Launched in 2014, the company has since become a leader in hyperlocal commerce in India, driven by its pioneering status in Food Delivery and Quick Commerce.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Comprehensive Platform and Business Units<\/strong><\/h2>\n\n\n\n

Swiggy’s platform offers a wide range of services through five main business units:<\/p>\n\n\n\n

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  1. Food Delivery<\/strong>: Swiggy\u2019s core service allows users to order food from restaurants, with deliveries facilitated by a vast network of on-demand delivery partners.<\/li>\n\n\n\n
  2. Out-of-Home Consumption<\/strong>: Swiggy\u2019s platform extends to experiences beyond the home, including restaurant reservations through Dineout and event bookings via SteppinOut.<\/li>\n\n\n\n
  3. Quick Commerce (Instamart)<\/strong>: Users can access an expansive selection of groceries and household goods delivered on demand through Instamart. As of September 10, 2024, Instamart operated 605 Active Dark Stores across 43 cities in India.<\/li>\n\n\n\n
  4. Supply Chain and Distribution<\/strong>: Swiggy\u2019s B2B service supports wholesalers and retailers with logistics, warehousing, and distribution solutions.<\/li>\n\n\n\n
  5. Platform Innovation<\/strong>: Swiggy continually introduces new initiatives, including Swiggy Genie for product pickups and deliveries, and Swiggy Minis for hyperlocal commerce activities.<\/li>\n<\/ol>\n\n\n\n

    In-App Membership and Payment Solutions<\/strong><\/h2>\n\n\n\n

    Swiggy enhances user experience through its membership program, Swiggy One<\/strong>, which offers exclusive discounts and offers. The platform also integrates convenient in-app payment solutions like Swiggy Money (a prepaid digital wallet), Swiggy UPI, and a Swiggy-HDFC Bank credit card, providing additional benefits to members.<\/p>\n\n\n\n

    Revenue Model<\/strong><\/h2>\n\n\n\n

    Swiggy’s revenue is generated primarily through the sale of services and goods, including:<\/p>\n\n\n\n