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Swiggy IPO: Food and grocery delivery makes confidential filing with Sebi
Swiggy's shareholders approved its $1.25 billion IPO in an EGM in a special resolution on April 23.
Written By: Landmarc News Agency
- Updated Sunday Apr 28 2024
Swiggy IPO: Food and grocery delivery makes confidential filing with Sebi
Swiggy has filed draft documents for its initial public offering (IPO) with the Securities and Exchange Board of India (Sebi).
The company has submitted a confidential filing, according to media reports, which means that detailed draft red herring prospectuses (DRHPs) in this category do not need to be made public.
Although IndiaToday.in could not independently verify these reports, the development follows the approval by Swiggy's shareholders for a $1.25-billion public issue.
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