StockWatch
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E-Retail/ E-Commerce
Regulatory30 Jul 2026, 06:20 pm

Swiggy Ltd: Monitoring Agency Report for IPO & QIP Proceeds (June 30, 2026)

AI Summary

Swiggy Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of proceeds from its Initial Public Offer (IPO) and Qualified Institutional Placement (QIP). The report, issued by CRISIL Ratings Limited, confirms that the utilization of funds aligns with the disclosed objects of the issue. The report has been reviewed by the Audit Committee and approved by the Board of Directors. Swiggy Ltd's IPO involved a fresh issue of ₹44,990.00 million and an Offer for Sale (OFS) of ₹68,284.27 million, with net proceeds from the fresh issue amounting to ₹43,589.82 million after accounting for issue expenses. The company will make this information available on its corporate website.

Key Highlights

  • Monitoring Agency Report for Swiggy's IPO & QIP proceeds submitted.
  • CRISIL Ratings confirms utilization aligns with issue objects.
  • IPO proceeds: ₹44,990M fresh issue, ₹68,284M OFS.
  • Net proceeds from fresh issue: ₹43,589.82M.
  • Report reviewed by Audit Committee and approved by Board.