Swiggy IPO Date, Review, Price, Lot Size Details

Swiggy IPO open date is 2024 and the IPO will close on 2024. Swiggy IPO is a Book Built Issue. The company to raise around ₹[.] crores via IPO that comprises fresh issue of ₹3,750 crores and offer for sale up to 185,286,265 equity shares with face value of ₹1 each.


Swiggy IPO price band is ₹[.] to ₹[.] per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Swiggy IPO to list on BSE & NSE on 2024. The allotment of Swiggy IPO date is 2024.


The company reported revenue of ₹11634.35 crores in 2024 against ₹8714.45 crore in 2023. The company reported loss of ₹2,350.24 crores in 2024 against loss of ₹4,179.31 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.

Swiggy IPO Details

IPO Open Date:2024
IPO Close Date:2024
Face Value:₹1 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
Issue Size:Approx ₹[.] Crores
Fresh Issue:Approx ₹3,750 Crores
Offer for Sale:Approx 185,286,265 Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here


Swiggy IPO Market Lot

The Swiggy IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-


Swiggy IPO Dates

The Swiggy IPO date is 2024. and the close date is 2024. The Swiggy IPO allotment will be finalized on 2024 and the IPO listing on 2024..

IPO Open Date:2024
IPO Close Date:2024
Basis of Allotment:2024
Refunds:2024
Credit to Demat Account:2024
IPO Listing Date:2024

Promoters of Swiggy IPO

The company doesn’t have an Identifiable promoters.

About Swiggy IPO

Swiggy, headquartered in Bangalore, is the food delivery industry in India. They launched their food delivery service on 1st August 2014, and their main features include quality, variety, reliability, and consistency. Swiggy operates in 580 Indian cities and aims to create a B2C (business-to-consumer) marketplace platform with various restaurant and merchant partners offering different foods. In terms of financial reports, Swiggy’s gross revenue was 17,296.30 in 2024, compared to 14,545.32 in the previous year ending on 30th June. Revenue from operations was 112,473.90 for the financial year 2024, 112,473.90 for 2023, and 57,048.97 for 2022.

Swiggy IPO Company Financial Report

The company reported revenue of ₹11634.35 crores in 2024 against ₹8714.45 crore in 2023. The company reported loss of ₹2,350.24 crores in 2024 against loss of ₹4,179.31 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹6,119.78₹9,574.45₹3,628.90₹14,405.74
2023₹8,714.45₹12,884.40₹4,179.31
₹11,280.65
2024₹11,634.35₹13,947.38₹2,350.24
₹10,529.42
June 2024₹3,310.11₹3,907.96₹611.01₹10,341.24

Swiggy IPO Valuation – FY2024

Check Swiggy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:-%
ROCE:-%
EBITDA Margin:-%
PAT Margin:-%
Debt to equity ratio:NA
Earning Per Share (EPS):-₹10.70 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):-30.16%
Net Asset Value (NAV):₹35.48

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Zomato Limited0.41742.501.7223.1412,114 Cr.

Objects of the Issue

  • Investment in our Material Subsidiary, Scootsy, for repayment or pre – payment, in full or in part, of certain or all of its borrowings;
  • Investment in our Material Subsidiary, Scootsy, for: (a) expansion of our Dark Store network for our Quick Commerce segment through setting up of Dark Stores; and (b) making lease / license payments for Dark Stores;
  • Investment in technology and cloud infrastructure;
  • Brand marketing and business promotion expenses for enhancing the brand awareness and visibility of our platform, across our segments; and
  • Funding inorganic growth through unidentified acquisitions and general corporate purposes

Swiggy IPO Review

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Swiggy IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West Mumbai 400 083
Maharashtra, India
Phone: +91 810 811 4949
E-mail: swiggy.ipo@linkintime.co.in
Website: www.linkintime.co.in

IPO Lead Managers aka Merchant Bankers

  • Kotak Mahindra Capital Company Limited
  • J.P. Morgan India Private Limited
  • Citigroup Global Markets India Private Limited
  • BofA Securities India Limited
  • Jefferies India Private Limited
  • ICICI Securities Limited
  • Avendus Capital Private Limited

Company Address

Swiggy Limited
No. 55, Sy No. 8-14, Ground Floor,
I&J Block, Embassy Tech Village,
Outer Ring Road, Devarbisanahalli,
Bengaluru 560 103,
Karnataka, India
Phone: +91 95907 56603;
Email: secretarial@swiggy.in;
Website: ww.swiggy.com


Income Tax Slabs FY 2023-24 & AY 2024-25 (New & Old Regime Tax Rates)

 

What is the Income Tax Slab?

Income Tax in India follows a tax slab system. Here, taxpayers’ income is categorised as ranges or slabs and certain tax rates are assigned to them. This is a progressive system of taxation where people earning more income are taxed at higher income tax slabs in proportion to their higher income.

By introducing income tax slabs in India, the Government of India aims to achieve a fair taxation system for all citizens. With this aim, the government revises the tax slabs periodically and announces amendments to the Union Budget accordingly.

Now that you know what income tax slabs are, let's take you through the different slabs under the old and new tax regimes for a better understanding.

For several years, many people purchased life insurance simply as a tax-saving method. The truth is, life insurance plays a crucial role in every sound financial plan. Before we create financial plans for the upcoming financial year, let’s better understand the new rules and regulations. In February 2023, the finance minister outlined the budget for the upcoming year, which included a few changes to the new tax regime. The finance minister reduced the number of tax slabs and extended the standard deduction to the salaried class and pensioners as well.



Below is a tabular version of the latest income tax slabs applicable for individuals and HUF:

Taxable Income

Old Tax Regime

New Tax Regime

Up to Rs.2.5 lakh

Exempted

Exempted

Greater than Rs.2.5 lakh to Rs.3 lakh

5%

Exempted

Greater than Rs.3 lakh to Rs. 5 lakh

5%

5%

Greater than Rs.5 lakh to Rs.6 lakh

20%

5%

Greater than Rs.6 lakh to Rs. 9 lakh

20%

10%

Greater than Rs.9 lakh to Rs.10 lakh

20%

15%

Greater than Rs.10 lakh to Rs.12 lakh

30%

15%

Greater than Rs.12 lakh to Rs.15 lakh

30%

20%

Above Rs.15 lakh

30%

30%



Income Tax Slab Rates For FY 2022-23 (AY 2023-24)

a. New Tax regime

Income SlabsIncome Tax Rates
₹0 - ₹2,50,000
₹2,50,000 - ₹5,00,0005%        
(tax rebate u/s 87A is available)
₹5,00,000 - ₹7,50,00010%
₹7,50,000 - ₹10,00,00015%
₹10,00,000 - ₹12,50,00020%
₹12,50,000 - ₹15,00,00025%
>₹15,00,00030%

Refer to the above image for the rates applicable to FY 2023-24 (AY 2024-25) for the upcoming tax filing season.

b. Old Tax regime

Select your Age Group:  

Income tax slabs for individual aged below 60 years & HUF

Income SlabsIndividuals Below The Age Of 60 Years and NRIs
Up to Rs 2.5 lakhNIL
Rs 2.5 lakh - Rs 5 lakh5%
Rs 5 lakh - Rs 10 lakh20%
> Rs 10 lakh30%

NOTE:

  • Income tax exemption limit is up to Rs 2,50,000 for Individuals, HUF below 60 years aged and NRIs.
  • Surcharge and cess will be applicable as discussed above 

Income tax slab for individual aged above 60 years to 80 years

Income SlabsTax Slabs for Senior Citizens (Aged 60 Years But Less Than 80 Years)
Rs 0 - Rs 3 lakhNIL
Rs 3 lakh - Rs 5 lakh5%
Rs 5 lakh - Rs 10 lakh20%
> Rs 1030%

NOTE:

  • Income tax exemption limit is up to Rs.3 lakh for senior citizens aged above 60 years but less than 80 years.
  • Surcharge and cess will be applicable as discussed above

Income tax slab for Individual aged more than 80 years

Income SlabsIncome Tax Slab for Super Senior Citizens (Aged 80 Years And Above)
Rs 0 - Rs 5 lakh*NIL
Rs 5 lakh - Rs 10 lakh20%
> Rs 10 lakh30%

NOTE:

  • Income tax exemption limit is up to Rs 5 lakh for super senior citizen aged above 80 years.
  • Surcharge and cess will be applicable as discussed above

Swiggy IPO Date, Review, Price, Lot Size Details

Swiggy IPO open date is 2024 and the IPO will close on 2024. Swiggy IPO is a Book Built Issue. The company to raise around ₹[.] crores via I...