Swiggy submits revised IPO draft papers to Sebi, aims to raise over Rs 10,000 crore

Q: How long will it take to read this news story?

The story "Swiggy submits revised IPO draft papers to Sebi, aims to raise over Rs 10,000 crore" has 834 words across 28 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Swiggy submits revised IPO draft papers to Sebi, aims to raise over Rs 10,000 crore" was covered 12 hours ago by Times of India, a news publisher based in India.

Q: How trustworthy is 'Times of India' news outlet?

Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news. The outlet is headquartered in India and publishes an average of 28 news stories per day. It's most recent story was published 1 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22732396</li><li>URL: https://beamstart.com/news/swiggy-submits-revised-ipo-draft-17273728775420</li></ul>

Times of India 12h ago

Swiggy submits revised IPO draft papers to Sebi, aims to raise over Rs 10,000 crore - Times of India

Quick Summary:

Swiggy has submitted updated draft papers to Sebi for its anticipated IPO, which includes a fresh issue worth Rs 3,750 crore and an offer-for-sale of 18.52 crore shares by existing shareholders.

The total IPO size is expected to exceed Rs 10,000 crore.

Funds will be allocated for debt repayment, expansion efforts, technology upgrades, and marketing activities.