Swiggy IPO: Swiggy confidentially files draft IPO papers for $1.25 billion public listing
ETtech.com -

Food and grocery delivery company Swiggy has filed draft documents for an initial public offering with capital markets regulator Securities and Exchange Board of India, people aware of the matter said.The Bengaluru-based company, which earlier this week secured shareholders’ approval for a Rs 10,400 crore ($1.25 billion) public issue, has made the filings through Sebi’s confidential route. Draft red herring prospectuses (DRHPs) filed under the confidential facility need not be released in the...

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