Description

Swiggy Limited has listed 2,666,666,663 equity shares allotted to QIBs pursuant to Qualified Institutional Placement at Rs. 375 per share, effective December 16, 2025.

Summary

BSE has announced the listing and admission for trading of 2,666,666,663 equity shares of Swiggy Limited (Scrip Code: 544285, ISIN: INE00H001014) allotted to Qualified Institutional Buyers (QIBs) through a Qualified Institutional Placement (QIP). The shares are listed with effect from Tuesday, December 16, 2025, and rank pari-passu with existing equity shares of the company.

Key Points

  • 2,666,666,663 equity shares of Re. 1/- each allotted to QIBs
  • Issue price: Rs. 375 per share
  • Total capital raised: Approximately Rs. 10,000 crores
  • Shares rank pari-passu with existing equity shares
  • Distinguished numbers: 2493646893 to 2760313555
  • Scrip Code: 544285
  • ISIN: INE00H001014

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members of BSE are informed of the new securities listing
  • Trading members requiring clarification should contact Mr. Tejas Tandel at 022 2272 8721

Important Dates

  • Date of Allotment: December 13, 2025
  • Listing and Trading Effective Date: December 16, 2025
  • Notice Date: December 15, 2025

Impact Assessment

Market Impact: High - This is a substantial QIP raising approximately Rs. 10,000 crores, representing a significant equity dilution event for Swiggy. The large number of shares (over 2.66 billion) will increase the company’s equity base substantially.

Shareholder Impact: Existing shareholders will experience dilution as the QIP increases the total share count. The issue price of Rs. 375 per share will serve as a reference point for market valuation.

Liquidity Impact: The addition of 2.66 billion shares to the traded float is expected to significantly enhance liquidity in Swiggy’s stock.

Investor Sentiment: QIP to institutional investors typically signals confidence from qualified buyers and may be viewed positively, though the dilution effect needs to be monitored.

Impact Justification

Large QIP of over 2.66 billion shares by Swiggy, a prominent company, representing significant capital raising and potential dilution impact for existing shareholders.