Swiggy Seeks Valuation Of $11.3 Billion; IPO To Open Tomorrow
NDTV
Swiggy is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore.
Food delivery and quick-commerce major Swiggy, which is coming out with its initial public offering (IPO) on Wednesday, is seeking a valuation of about USD 11.3 billion.
The Bengaluru-based company is aiming to garner Rs 11,327 crore from the IPO, which will comprise a fresh issue of shares worth Rs 4,499 crore along with an offer for sale (OFS) of Rs 6,828 crore.
Swiggy has set a price band of Rs 371 to Rs 390 per share for its maiden public issue. The issue will open for public subscription on November 6 and conclude on November 8.
Mumbai cops receive a threatening message against actor Salman Khan, allegedly from the Lawrence Bishnoi gang, according to the sources.
The Allahabad High Court had declared the 2004 Uttar Pradesh madrassa law as "unconstitutional" and violative of secularism.
Mr Chandrachud, who demits office on November 10, said a lot of these pressure groups term the judiciary independent if judges decide in their favour.
A police officer in Imphal said five insurgents of the Kangleipak Communist Party (People's War Group) were arrested from Charangpat Mayai Leikai in Thoubal.
Vehicular movement has officially resumed on the Mawlonghat to Bimola junction, the administration said today.
Villagers from Pakharapara and nearby areas under the Singra Range Office in Boko found the bodies in a paddy field and later informed the state forest department.
The breakthrough was announced a day before Prime Minister Modi was scheduled to leave for the BRICS Summit in Russia, where he held bilateral talks with Chinese President Xi Jinping on the sidelines of the summit.
Chief Minister Revanth Reddy has also ordered the constitution of a Backwards Castes commission following the orders of the High Court
The Indian Air Force's MiG-29 fighter jet crashed in a field near Uttar Pradesh's Agra earlier today. The IAF has said the MiG-29 encountered a "system malfunction" before it crashed
On March 22, the Allahabad High Court declared the law as "unconstitutional" and violative of the principle of secularism while directing the state government to accommodate madrasa students in the formal schooling system.
Sudhansu Das wrote, ""So, if Muslims have Wakf Board, then there should be Sanatan Board for Hindus, separate boards should be given for Christians, Sikhs and all other religions, or else (such boards) for all religions should be cancelled"