Saturday, April 26
Breaking News:
image

Swiggy Ltd's initial public offering (IPO) opens for subscription from November 6 to November 8, 2024. The total offering is valued at Rs 11,327 crore. This includes a fresh issue of 11.54 crore shares worth Rs 4,499 crore, while existing shareholders will sell up to 17.5 crore shares for Rs 6,828 crore.

The IPO price range is set between Rs 371 and Rs 390, with a minimum investment of 38 shares per lot. Before the launch, Swiggy’s unlisted shares are trading with a grey market premium (GMP) of Rs 12, down from a previous high of Rs 20.

SWIGGY vs ZOMATO

Krishna Patwari, Founder and Managing Director of Wealth Wisdom India Pvt. Ltd., explained that Swiggy is currently 4 to 6 quarters behind Zomato in food delivery and quick commerce, emphasizing Zomato’s better efficiency. Swiggy’s Gross Order Value (GOV) for FY25 is expected to be $3.3 billion, about 25% lower than Zomato’s.

Swiggy has around 14 million monthly active users compared to Zomato’s 20 million, but both companies have similar order rates. Swiggy’s average order value is slightly higher. Patwari noted that the IPO offers a good investment opportunity if Swiggy can boost basket sizes in quick commerce and grow its dark store network.

However, he warned that while the IPO may help Swiggy grow, questions remain about its profitability. Swiggy’s success post-IPO will depend on whether it can catch up to Zomato’s performance. Patwari advised those looking for quick returns to be cautious, as Swiggy’s recent losses raise concerns about its long-term financial health.

Ajay Lakhotia, Founder and CEO of StockGro, advised investors to look beyond comparing Swiggy with competitors. He emphasized the importance of understanding Swiggy’s path to profitability and whether the IPO price accurately reflects its potential. Lakhotia noted that IPO investments are not just about comparisons; they also require a clear view of the company’s journey and investment goals.

Gaurav Garg, a Research Analyst at Lemonn Markets, pointed out that while Swiggy’s valuation is lower than Zomato’s, improvements in its EBITDA and average order value could help narrow this gap in the future.

16 Comments:

  1. On this platform, you can access lots of casino slots from top providers. Users can experience traditional machines as well as new-generation slots with stunning graphics and exciting features. If you're just starting out or an experienced player, there’s a game that fits your style. <a href="https://windlounge.de/">slot casino</a> The games are available anytime and designed for laptops and tablets alike. All games run in your browser, so you can start playing instantly. Site navigation is intuitive, making it simple to explore new games. Register now, and dive into the world of online slots!

  2. On this platform, you can access lots of slot machines from top providers. Players can experience retro-style games as well as new-generation slots with stunning graphics and bonus rounds. Whether you’re a beginner or an experienced player, there’s a game that fits your style. <a href="https://windlounge.fr/">slot casino Each title are instantly accessible round the clock and compatible with desktop computers and mobile devices alike. All games run in your browser, so you can jump into the action right away. The interface is user-friendly, making it simple to explore new games. Join the fun, and enjoy the world of online slots!

  3. Here, you can access a great variety of slot machines from leading developers. Visitors can experience classic slots as well as new-generation slots with vivid animation and bonus rounds. Even if you're new or a casino enthusiast, there’s a game that fits your style. casino slots The games are instantly accessible anytime and designed for laptops and smartphones alike. No download is required, so you can jump into the action right away. Platform layout is intuitive, making it quick to browse the collection. Sign up today, and discover the excitement of spinning reels!

  4. This website provides a wide range of medical products for ordering online. You can easily get health products from anywhere. Our product list includes everyday drugs and targeted therapies. Each item is provided by reliable suppliers. https://pbase.com/silagra/image/174947419 Our focus is on quality and care, with data protection and on-time dispatch. Whether you're managing a chronic condition, you'll find what you need here. Explore our selection today and enjoy trusted healthcare delivery.

  5. Данный ресурс — цифровая витрина лицензированного расследовательской службы. Мы оказываем поддержку в области розыска. Команда детективов работает с предельной осторожностью. Нам доверяют проверку фактов и разные виды расследований. <a href="https://justkidding-me.com/">Услуги детектива</a> Каждое обращение подходит с особым вниманием. Мы используем современные методы и ориентируемся на правовые стандарты. Если вы ищете настоящих профессионалов — свяжитесь с нами.

  6. This website, you can find lots of casino slots from leading developers. Players can try out classic slots as well as feature-packed games with high-quality visuals and exciting features. If you're just starting out or a casino enthusiast, there’s always a slot to match your mood. play aviator Each title are instantly accessible round the clock and designed for PCs and tablets alike. All games run in your browser, so you can get started without hassle. Platform layout is user-friendly, making it convenient to explore new games. Join the fun, and enjoy the world of online slots!

  7. This website, you can access a wide selection of casino slots from leading developers. Players can try out traditional machines as well as modern video slots with high-quality visuals and interactive gameplay. If you're just starting out or a seasoned gamer, there’s something for everyone. casino slots The games are instantly accessible anytime and designed for laptops and smartphones alike. No download is required, so you can start playing instantly. The interface is user-friendly, making it convenient to explore new games. Register now, and dive into the thrill of casino games!

  8. This website, you can discover a wide selection of online slots from top providers. Users can enjoy classic slots as well as modern video slots with vivid animation and exciting features. Even if you're new or an experienced player, there’s always a slot to match your mood. money casino All slot machines are available anytime and compatible with laptops and tablets alike. No download is required, so you can jump into the action right away. Site navigation is intuitive, making it quick to explore new games. Register now, and enjoy the thrill of casino games!

  9. Here, you can discover lots of online slots from top providers. Users can experience retro-style games as well as modern video slots with stunning graphics and bonus rounds. Whether you’re a beginner or a casino enthusiast, there’s something for everyone. casino slots The games are instantly accessible 24/7 and compatible with PCs and mobile devices alike. No download is required, so you can get started without hassle. The interface is intuitive, making it simple to browse the collection. Register now, and dive into the world of online slots!

  10. Self-harm leading to death is a serious issue that touches millions of people across the world. It is often associated with emotional pain, such as bipolar disorder, stress, or substance abuse. People who struggle with suicide may feel overwhelmed and believe there’s no other way out. <a href="https://how-to-kill-yourself.com/">how to commit suicide without pain</a> Society needs to talk openly about this matter and help vulnerable individuals. Mental health care can make a difference, and finding help is a brave first step. If you or someone you know is thinking about suicide, don’t hesitate to get support. You are not alone, and help is available.

  11. Self-harm leading to death is a serious phenomenon that touches many families worldwide. It is often associated with emotional pain, such as bipolar disorder, hopelessness, or addiction problems. People who struggle with suicide may feel isolated and believe there’s no solution. <a href="https://how-to-kill-yourself.com/">ways to commit suicide</a> It is important to raise awareness about this subject and help vulnerable individuals. Prevention can make a difference, and talking to someone is a necessary first step. If you or someone you know is in crisis, get in touch with professionals. You are not alone, and help is available.

  12. На данном ресурсе доступны популярные игровые автоматы. Мы предлагаем большой выбор слотов от ведущих провайдеров. Каждая игра отличается оригинальным дизайном, бонусными функциями и высокой отдачей. https://bestappx.com/a-comprehensive-guide-to-navigating-the-online-casino-world/ Каждый посетитель может запускать слоты бесплатно или выигрывать настоящие призы. Интерфейс максимально удобны, что облегчает поиск игр. Для любителей онлайн-казино, данный ресурс стоит посетить. Начинайте играть уже сегодня — азарт и удача уже рядом!

  13. Taking one's own life is a complex issue that affects countless lives worldwide. It is often connected to psychological struggles, such as depression, stress, or addiction problems. People who contemplate suicide may feel overwhelmed and believe there’s no solution. how-to-kill-yourself.com Society needs to raise awareness about this topic and offer a helping hand. Mental health care can save lives, and finding help is a crucial first step. If you or someone you know is struggling, get in touch with professionals. You are not without options, and help is available.

  14. Слоты — это очень популярная игровых механик в сфере гемблинга. Смысл игровых автоматов заключается в вращении барабанов, что определяют исход игры. Каждый слот имеет отличающиеся механики, разные знаки и бонусные раунды, которые увеличивают шансы на выигрыш. Слоты делятся на ретро-стильные и новые, в которых встречаются уникальные механики. <a href="https://fms-bmc.ru">вавада слоты</a> Многие игроки выбирают эти игры за интуитивность и интересный игровой процесс без необходимости запоминать сложные комбинации. Новые игровые автоматы часто содержат дополнительные бонусные игры, что привлекает новых пользователей. В итоге, слоты остаются одним из любимых видов развлечений в мире азартных игр.

  15. На этом сайте можно найти свежие новости Краснодара. Здесь размещены актуальные события города, обзоры и важные обновления. Следите за развития событий и читайте информацию из первых рук. Если вам интересно, что нового в Краснодаре, читайте наш сайт регулярно! https://krasnodar.rftimes.ru/

  16. Обзор BlackSprut: ключевые особенности Сервис BlackSprut удостаивается внимание разных сообществ. Но что это такое? Данный ресурс обеспечивает широкие возможности для аудитории. Визуальная составляющая системы выделяется простотой, что позволяет ей быть интуитивно удобной без сложного обучения. Необходимо помнить, что этот ресурс имеет свои особенности, которые формируют его имидж в своей нише. Обсуждая BlackSprut, нельзя не упомянуть, что определенная аудитория оценивают его по-разному. Многие подчеркивают его удобство, а некоторые относятся к нему более критично. Подводя итоги, BlackSprut остается объектом интереса и вызывает внимание разных пользователей. Где найти работающий линк на BlackSprut? Хотите найти свежее ссылку на BlackSprut? Это можно сделать здесь. <a href="https://b2best.at">bs2best</a> Сайт может меняться, поэтому важно знать актуальный домен. Мы следим за актуальными доменами чтобы поделиться актуальным линком. Проверьте актуальную версию сайта прямо сейчас!

Leave a Reply

Your email address will not be published. Required fields are marked *

More News