Is Swiggy doing an IPO soon? Will their price be defined based on Zomato’s trading price?
https://www.business-standard.com/amp/markets/news/swiggy-may-file-papers-with-sebi-for-ipo-in-2-weeks-to-raise-rs-8-000-cr-124021401787_1.html
Canonical (de-amp'ed) URL: https://www.business-standard.com/markets/news/swiggy-may-file-papers-with-sebi-for-ipo-in-2-weeks-to-raise-rs-8-000-cr-124021401787_1.html
Companies need to disclose the method of valuation in the DRHP, so once they file for IPO you will be able to find out how they arrived at the IPO price. Let me know if you need any help in understanding the nuances, have spent more than a decade doing just this!
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Swiggy's valuation in it's best shape before the impending IPO
Baron Capital, an investor in Indian food delivery startup Swiggy, has increased the value of its stake in the Indian firm, implying a valua...
https://techcrunch.com/2024/03/08/baron-values-swiggy-at-12-16b-above-prior-private-market-valuation/