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Swiggy files draft IPO papers with SEBI: Reports
short by Mansi Agarwal / on Friday, 26 April, 2024
Swiggy has reportedly filed a draft red herring prospectus (DRHP) with SEBI to launch an initial public offering (IPO). The food delivery startup filed its papers through SEBI's confidential route, which allows the firm to keep its DRHP publicly undisclosed, reports said. This comes a day after Swiggy's shareholders reportedly approved its IPO plan to potentially raise ₹10,414 crore.
read more at Moneycontrol