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Swiggy IPO makes 500 employees 'crorepatis'
From staff to millionaires: Swiggy IPO to make 500 employees crorepatis
Swiggy made its stock market debut on November 13, listing at ₹420, a 7.7% premium over its IPO price. The move is expected to benefit around 5,000 employees through ESOPs, with nearly 500 likely becoming crorepatis.
How Swiggy IPO will make hundreds of its employees crorepatis
The food delivery company’s Rs 11,000 crore Initial Public Offering (IPO) made its debut on the Indian stock market today (13 November). The IPO will put around Rs 9,000 crore in the hands of 5,000 employees who have been with the company for many years,
How Swiggy listing turns its hundreds of employees into crorepatis overnight
It marked India’s second-largest listing this year, trailing only Hyundai Motor India's record-breaking $3.3 billion
IPO
. However,
Swiggy
had secured an exemption from the Securities and Exchange Board of India (
SEBI
) in July this year, allowing its ...
As Swiggy Shares List, 500 Employees Turn 'Crorepatis' Overnight - Details
It is a big day for Swiggy employees today as the company, after its stock market debut on Wednesday, has turned more than 500 current as well as former employees into 'crorepatis' overnight. This major market listing is poised to unlock Rs 9,
As 500 Swiggy employees turn crorepatis after share listing, Zomato CEO Deepinder Goyal has a warning for them
Swiggy IPO listing: Deepinder Goyal's reaction goes viral
Swiggy IPO listing has grabbed headlines. Its entry into the world of stock market has triggered a reaction from Zomato CEO Deepinder Goyal. The Gurgaon-based businessman took to X and congratulated Swiggy.
Swiggy IPO Listing Makes Over 500 Employees Crorepatis; Unlocks Rs 9,000 Crore Of ESOPs
Swiggy's eagerly anticipated stock market debut on Wednesday catapulted over 500 current and former employees into the "crorepati" club, with the food delivery and instant commerce major's listing likely to provide Rs 9,
7h
on MSN
Swiggy IPO: 9 execs who will become richer by Rs 50 crore or more
Swiggy's shares soared 7.7% on their debut, listing at Rs 420 after a hugely successful IPO that saw the company valued at $1 ...
Opinion
1d
Opinion
Editorial. SEBI must not intervene in IPO pricing
It is not a good idea for the regulator to apply rough-cut methods such as peer-group valuations or previous rounds of ...
2d
on MSN
Swiggy IPO: 9 executives who will make the most from ESOP windfall
Swiggy's much-anticipated IPO debut on Wednesday has resulted in significant wealth creation for its employees, unlocking ...
India Today on MSN
4h
Public listings fall flat: Is the IPO market losing its magic?
Subscription figures for IPOs have dropped in recent months. Global economic uncertainty, rising interest rates, and tighter ...
4d
on MSN
Swiggy IPO allotment update: Check application status, latest GMP & listing date
Swiggy sold its shares in the price band of Rs 371-390 apiece, which could apply for a minimum of 38 shares and its multiples ...
1d
Swiggy shares list at 6-8% premium, joins Rs 1 lakh crore M-cap club
Swiggy Ltd shares made a bullish debut on Wednesday, listing at a premium of 5.64 per cent on the BSE and 7.7 per cent on the ...
2d
Swiggy IPO Enriches Merchant Bankers With Rs 275 Crore Fees For A Timely Issue; Comparison With Peers?
The highly anticipated IPO of Swiggy not only stirred excitement in the stock market but also significantly benefited its ...
12d
SEBI lens on IPO pricing as more firms tap market
Swiggy
IPO
analysis: You can take a shot ... But any further tightening will be a regulatory overreach as
SEBI
has no ...
inc42
2d
Prosus Eyes PayU IPO In 2025
On the day of its portfolio company Swiggy's IPO, Prosus' CIO Ervin Tu said that the investor had to defer PayU's IPO from ...
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