Swiggy opens QIP issue with floor price of Rs 390.51 per share
SWIGGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts more than Nifty Midcap 150 and 1.1 pts more than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Swiggy has opened its Qualified Institutional Placement (QIP) issue today. The floor price is set at Rs 390.51 per equity share of face value Rs 1. The company may offer a discount of up to 5 percent on this floor price. The final issue price will be determined in consultation with the book running lead managers. The board approved the issue on November 7, 2025, and shareholders approved it via special resolution on December 8, 2025. The trading window for designated persons is closed until 48 hours after the issue price is fixed.
QIP brings fresh capital but may dilute existing shareholders. Final size and price not yet announced.