⚡ BREAKINGIPO▲ Bullish
Swiggy ₹11,327 Crore Mega IPO Opens for Bidding: GMP, Price Band, and Subscription Outlook
Reported by Editorial Desk·11/5/2026·4 min read
Quick commerce giant Swiggy launches India's second-biggest IPO of the year in the price band of ₹371-₹390 per share, drawing strong early demand from institutional and retail bidders.
✦ Key Takeaways & Market Impact
- Price Band: ₹371 to ₹390 per share
- Issue Size: ₹11,327 Crore
- Bidding Window: Nov 06 - Nov 08
Online food and grocery delivery platform Swiggy Limited has officially launched its landmark initial public offering (IPO) aimed at raising ₹11,327 crore. The offering comprises a fresh issue of ₹4,499 crore and an offer for sale (OFS) of up to ₹6,828 crore from selling shareholders including Prosus, SoftBank, and Accel.
Proceeds will be deployed into expanding dark stores for Instamart, investing in technology infrastructure, and brand visibility across Tier-2 and Tier-3 Indian cities.
💡In Simple Terms (Plain-Language Explanation)
In simple terms: Swiggy is going public on the stock exchange. Anyone can apply for shares between ₹371 and ₹390 per share through their bank or UPI.
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