Swiggy Unlisted Share Price Details– Swiggy, the prominent Indian food delivery company, has been making waves in the market with its innovative approach to logistics and customer-centric solutions. With a widespread presence in over 550 cities in India, Swiggy has become a go-to platform for millions of customers seeking swift and reliable food delivery. In addition to its core food delivery services, Swiggy has expanded into other areas such as grocery delivery and cloud kitchens, further solidifying its position in the market.
Swiggy’s Journey and Key Highlights
Since its inception in 2014, Swiggy has experienced remarkable growth and attracted significant investments from renowned entities. In its last fundraising round in 2022, Swiggy was valued at $10.7 billion. However, due to market conditions and investor concerns about stretched valuations, the company temporarily put its IPO plans on hold. But with the rebound of global and Indian markets, Swiggy has reignited its IPO planning and initiated talks with investment banks to assess its valuation.
Invesco, a minor shareholder in Swiggy, valued the company at around $5.5 billion in May. Swiggy’s IPO planning is currently using the last funding round valuation as a benchmark, but the final stake sale and valuation are yet to be determined. The company had initially considered raising $800 million to $1 billion through its IPO.
Swiggy Unlisted Share Price Details
As of July 2023, the Swiggy unlisted share price stands at INR 350 per share. The face value of each swiggy share price is INR 1, and the total market cap is INR 57,595.7 crores. Swiggy has a total of 16,45,59,145 shares. The shares are traded in lots of 100 shares.
| Name | Swiggy Unlisted Share Price Details |
|---|---|
| Face Value of swiggy share price | Rs 1 Per Share |
| ISIN Code | INE00H001014 |
| Lot Size | 100 shares |
| Demat Status | NSDL, CDSL |
| Swiggy Unlisted Share Price | Rs 350 per equity share |
| Market Cap | INR 57,595.7 crores |
| Total number of shares | 16,45,59,145 shares |
| Website | www.swiggy.com |
| Press Releases | https://blog.swiggy.com/category/press-release/ |
| Swiggy IPO Date | 2024 (Tentative) |
- Swiggy Board of Directors
- Sriharsha Majety, Director
- Lakshmi Nandan Reddy, Director
- Mallika Srinivasan, Additional Director
- Shailesh Haribhakti, Additional Director
- Sahil Barua, Additional Director
- Ashutosh Sharma, Nominee Director
Swiggy’s Products and Services
Swiggy offers a wide range of products and services to cater to the diverse needs of its customers. The company’s core service is food delivery from restaurants, which has been the cornerstone of its success. However, Swiggy has expanded its offerings to include grocery delivery, dine-out options, and Insta Mart, a service that provides quick delivery of essential items.
- Products & Services of Swiggy
- Food Delivery
- Grocery Delivery
- Dine Out
- Insta Mart
- Swiggy’s Subsidiary Companies
- Scootsy Logistics Private Limited
- Supr Infotech Solutions Private Limited
- Dineout Services Pvt Ltd
- Kint.io
- Forty-Eight East (48 East)
Swiggy’s Subsidiary Companies
Swiggy has strategically ventured into various business areas through its subsidiary companies. These subsidiaries play a crucial role in expanding the company’s reach and diversifying its services. Some of Swiggy’s notable subsidiary companies include Scootsy Logistics Private Limited, Supr Infotech Solutions Private Limited, Dineout Services Pvt Ltd, Kint.io, and Forty-Eight East (48 East).
Swiggy Shareholding Pattern
| Swiggy shareholding pattern | As of March 2022 |
|---|---|
| Prosus (Naspers) | 36.01% |
| SoftBank | 9.09% |
| Accel India | 7.13% |
| Apoletto Asia & DST | 5.63% |
| Saif/Elevation | 5.0% |
Swiggy Unlisted Share Details – Financial Metrics
Swiggy’s financial performance has been notable, with steady revenue growth over the years. However, the company has also faced challenges in managing expenses and achieving profitability. Here are some key financial metrics for Swiggy,
| Particulars | FY2020 | FY2021 | FY2022 |
|---|---|---|---|
| Revenue (INR crore) | 3,468.1 | 2,546.9 | 5,704.7 |
| Revenue Growth (%) | 207.37 | -25.56 | 123.99 |
| Expenses (INR crore) | 5,742.5 | 2,189.7 | 5,378.6 |
| Net Income (INR crore) | -3,918.5 | -1,616.7 | -3,627.8 |
| Margin (%) | -112.99 | -63.48 | -63.59 |
| EPS | -1,805.5 | -99.0 | -221.0 |
| EBITDA Margin (%) | -110.47 | -51.0 | -64.0 |
Swiggy’s revenue growth has been impressive, but the company has faced challenges in managing expenses and achieving profitability. The EBITDA margin in FY22 stood at -64.0%.
Swiggy IPO Date – Plans for Stock Market Listing
After putting its IPO plans on hold due to market conditions, Swiggy has now restarted the process and is aiming for a stock market listing in 2024. The company has invited several investment banks, including Morgan Stanley, JP Morgan, and Bank of America, to make pitches for working on the IPO. Swiggy is using its last funding round valuation of $10.7 billion as a benchmark for its IPO planning.
The IPO is expected to take place between July and September 2024, following the national elections in India scheduled for May. Swiggy’s rival, Zomato, has seen a significant increase in its share price this year, indicating a return of investor confidence in India’s financial markets.
Swiggy Unlisted Share Competitors
| Company | 3-yr Sales CAGR (%) | EPS | Net Margin (%) | MCap (INR crore) |
| Swiggy | 71.65 | (221.0) | (63.59) | 57,595.7 |
| Zomato | 39.55 | (1.14) | (13.72) | 54,263.0 |
Bottom lines
Swiggy’s journey as a leading food delivery company in India has been remarkable. With its focus on technological advancements, customer-centric solutions, and expansion into new business areas, Swiggy has become an integral part of the Indian food delivery ecosystem. The company’s plans for an IPO and stock market listing in 2024 indicate its ambition to further enhance its market presence and unlock new opportunities for growth. As Swiggy continues to innovate and adapt to the changing needs of its customers, it will be interesting to see how the company performs in the highly competitive food delivery industry and how its IPO will shape its future trajectory.
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[…] Swiggy is expected to debut in the stock market with its IPO around August 2024. The company is planning […]