Swiggy shares can be purchased through major Indian stock exchanges (NSE/BSE) using a registered broker or by investing in mutual funds/ETFs with holding exposure to the company. Following its IPO in November 2024, shares are available for regular trading on platforms like Groww, Angel One, and Geojit.
Swiggy Limited IPO's unlisted shares can be easily purchased at Sharescart.com by following a few easy steps. Given below are the steps involved in the buying of these shares: Step 1 - Confirm the number of shares you want to buy/sell of at the trading price.
For investors, the financial contrast is clear: Zomato currently offers clearer visibility on cost control and margin improvement. Swiggy offers higher optionality, but with greater execution and balance sheet risk.
Swiggy Stock CRASH: A Mega Opportunity OR A Massive TRAP? - Rahul Jain
Is Swiggy good for investment?
This article explores the various advantages of investing in this food delivery platform. From its effective market presence and rapid expansion to its innovative approach and strategic partnerships, Swiggy unlisted shares offer a promising investment opportunity.
Swiggy IPO bidding started from Nov 6, 2024 and ended on Nov 8, 2024. The allotment for Swiggy IPO was finalized on Nov 11, 2024. The shares got listed on BSE, NSE on Nov 13, 2024. Swiggy IPO price band is set at ₹390 per share.
Keep in mind that unlisted companies only file their financials once a year, make very few basic disclosures, have no major regulatory oversight, and have no analyst coverage. Ensure you buy the shares at the right price from a platform that's trustworthy. Remember, these platforms are unregulated.
One question on everyone's mind is: why are investors, including big-name celebrities, lining up for Swiggy's IPO despite it being a loss-making company? In FY 2024, Swiggy reported a total gross order value of Rs 35,000 crore, yet it's still not profitable. The answer lies in growth potential.
Apart from them, Bollywood superstar Amitabh Bachchan's family office had bought a small stake in the company by purchasing shares from the firm's employees and early investors in August this year. This came at the same time Motilal Oswal Financial Services chairman Raamdeo Agrawal also buying a stake in Swiggy.
Swiggy's recent share price fall reflects growing investor caution around competition, profitability, and execution in quick commerce. While the company has strengthened its balance sheet through a large QIP, challenges around efficiency and market share remain key concerns.
The issue price is determined based on various factors such as company valuation, market demand, and the advice of underwriters. On the other hand, the IPO listing price is the price at which the shares of the company begin trading on the stock exchange after the IPO subscription period ends.
Swiggy handles around 2.5 million orders daily, while Zomato is just behind with 2.2 million. Revenue-wise, Zomato's estimated ₹20,243 crore for FY25 beats Swiggy's ₹15,227 crore. This shows how fierce their competition is, with both investing heavily in expanding services and improving customer experience.
You can buy unlisted shares through trusted financial intermediaries, brokers, or platforms like RR Finance that specialize in Pre-IPO and unlisted investments. Always check company details and transaction safety before investing.
Zomato Ltd (ETERNAL) share can be bought through the following modes: 1. Direct investment: You can buy Zomato Ltd (ETERNAL) shares by opening a Demat account with Angel One.
Yes, NRIs can invest in unlisted shares in India, but they need to comply with specific regulatory frameworks. The investment process typically involves: NRO Account Setup: NRIs must use a NRO (Non-Resident Ordinary) account linked to an NRO demat account to hold unlisted shares.
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Among them, the National Stock Exchange (NSE) has emerged as India's most valuable unlisted firm, boasting a valuation of $58 billion (₹5 lakh crore) in private markets as it reactivates its IPO plans.
At the upper end of the price band of Rs 72-76, the post-offer market cap of listed Zomato will be around Rs 60,000 crore. This IPO has got the market hooked by the sheer novelty of its business and the complete absence of any profitability both in the past and foreseeable future.
Sriharsha Majety is the Co-Founder and CEO at Swiggy. Prior to Swiggy, he co-founded Bundl and also worked as an Associate at Nomura International's offices in India and London.
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