StormyAllowance
StormyAllowance

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 information around current FMV is displayed under the name of ‘maintenance’. And now listing is going to happen around 8th Nov. we still have only esops and first need to exercise and get shares of them (1:1400 ratio) there has been no option to exercise yet.

So if any of former employees of Swiggy know what is going to happen please let me know. I am specifically worried about timeline when we have to vest and taxes that we have to pay (35%)..

1mo ago6.6K views
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