Swiggy’s 540 Cr of ESOP buy back ahead of IPO

Approx 2000 Swiggy folks are going to be like “Paisa hi Paisa”. Anyone here who will be benefiting from this??

5mo ago

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PeppyMarshmallow

Stealth5mo

Should have joined Swiggy when I had the chance 😭

PrancingPotato

Stealth5mo

Never too late to apply

JazzyQuokka

PayU1mo

My 2 cents, those who have the opportunity to sell in buyback please do so or u will be stuck for 6 months and stock will definitely go down when the lockin expires. Make some quick bucks. And buy at low later.

PrancingPotato

Stealth5mo

@Swiggster @Swiggydriver @swiggydeliveryboy folks any news

PrancingPotato

Stealth5mo

@SwiggyLabour are you one of the luck ones?

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by CosmicTacoGrapevine

Swiggy's IPO to Generate $1 Billion for 5,000 Employees

Swiggy's upcoming IPO is set to create over $1 billion in wealth for nearly 5,000 current and former employees.
The company has around 230 million ESOPs across three schemes, worth $1.06 billion at the upper end of the IPO price ban...

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Top comment

Lol wtf was that notification, i thought 1B per person

Ask Grapeviners2mo

by BouncyQuokkaPorter

What is going to happen for ESOPs of Swiggy former employees

I am formers employee of Swiggy and I hold some esops. As fast as I know there have been no communication from the company on what will be the next steps/taxation or login period after IPO at all. In the esop portal also none of the info...

6.7K

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Swiggy IPO: A Windfall for Elevation, Accel, and Prosus

Swiggy's IPO has resulted in major returns for investors Elevation, Accel, and Prosus.
The IPO process, initiated in April 2024, saw shares worth at least $1.6 billion being sold by existing investors.
Prosus, the top stakeholder...

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