Swiggy Ltd: Monitoring Agency Report for Q2 FY27

Swiggy Ltd has submitted its Monitoring Agency Reports for the quarter ended September 30, 2026, concerning the utilization of proceeds from its Initial Public Offer (IPO) and Qualified Institutional Placement (QIP). These reports, issued by CRISIL Ratings Limited, were reviewed by the Audit Committee and approved by the Board on October 22, 2026. The filing confirms that there were no deviations from the stated objects of the issue and no applicable range of deviation. The IPO details include an issue period from November 6-8, 2024, with a total issue size of ₹1,13,274.27 million, comprising a fresh issue of ₹44,990.00 million and an Offer for Sale (OFS) of ₹68,284.27 million. The net proceeds from the fresh issue after deducting expenses amounted to ₹43,589.82 million.