Swiggy‍‌‍‍‌‍‌‍‍‌ Board Approves ₹10,000 Crore Capital Raising Plan Through QIP and Other Routes

Bengaluru, November 7, 2025: Swiggy Limited (NSE: SWIGGY, BSE: 544285) announced board approval to raise up to ₹10,000 crore through equity via QIP and other permissible routes. The funds will support the expansion of food delivery, quick-commerce, and on-demand services, strengthen infrastructure, and create opportunities for partnerships. Swiggy shares closed at ₹402, down 0.48% intraday, with a market cap of ₹1,00,144.86 crore. The move underscores the company’s focus on sustaining leadership in India’s digital consumption market.

Fundraising Proposal Overview

The board of Swiggy decided at its meeting today to proceed with the plan to raise up to ₹10,000 crore by any combination of public or private offerings of equity shares in one or more tranches. The board convened today from 3:00 p.m. to 3:40 p.m. IST. The board will be presenting the proposal for shareholders’ consent at the next extraordinary general meeting (by VC/OAVM).

The money that will be raised through the equity issue will be spent on further expansion of the company’s food, grocery, and on-demand delivery, by building the necessary infrastructure, energizing the market outreach, and increasing the operations capacity. In a statement, the board of directors said that the capital raise would also open up the company for more investment and partnership opportunities down the road.

Stock Market Performance

On November 7, 2025, Swiggy’s Swiggy’s stock price closed at ₹402 on NSE, down 0.48% from the previous close of ₹404. The stock traded between ₹395.60 and ₹408.75 during the day. The company’s market capitalization stood at ₹1,00,144.86 crore, with a free-float market cap of ₹34,026.42 crore. Despite a 22% gain since listing, shares are down 25.9% YTD, reflecting sector-wide corrections in the e-commerce space, while volatility over the last six months has been limited.

Outlook Strategies

Swiggy plans to tap the capital market to maintain its leading position in India’s rapidly evolving digital consumption sector. The funds will primarily support its food delivery and Instamart quick-commerce operations, with modest expansion into on-demand convenience services.”

REF: https://nsearchives.nseindia.com/corporate/SWIGGY_07112025160932_SE_intimation_-_Outcome_Signed.pdf

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