Swiggy board approves ₹10,000 crore QIP fundraise — Here's what you need to know

Swiggy fundraise: Online food delivery and quick commerce firm, Swiggy's board of directors approved their plans to fundraise ₹10,000 crore through one or more qualified institutions placement (QIPs), according to an exchange filing on 7 November 2025.

Mint reported earlier on 30 October 2025, that the company announced its plans to raise funds from the institutional investors. However, this ₹10,000 crore fundraise will have to be approved by the shareholders and clear the necessary regulatory requirements.

The company will issue a total of equity shares of up to ₹10,000 crore for this QIP issue, according to the official announcement.

Swiggy's board “considered and approved the raising of funds by way of public or private offerings, including, through one or more tranches, by way of qualified institutions placement or any other permitted modes under applicable laws of equity shares or through any other permissible mode to the eligible investors as may be permitted, for an aggregate amount of up to ₹10,000 crore,” the company informed the stock exchange through its filing.

Swiggy share price trend

Swiggy share price closed 0.59% lower at ₹401.60 after Friday's stock market session, compared to ₹404 at the previous market close. The company announced its fundraising approval after the market operating hours on 7 November 2025.

Swiggy shares have lost more than 6% since they were listed on the Indian stock market in November 2024. On a year-to-date (YTD) basis, the company's shares have dropped 25.88% in 2025. The market data also shows that the shares are trading 4.46% lower in the last one-month period.

Shares of the firm hit their 52-week high level at ₹617 on 23 December 2024, while the 52-week low level stood at ₹297 on 13 May 2025, according to the data collected from the BSE website.

The company's market capitalisation (M-Cap) stood at more than ₹1 trillion as of the stock market close on Friday, 7 November 2025.

Swiggy's July to September quarter results for the financial year ending 2025-26 showed that the net loss of the company widened to ₹1,092 crore, compared to ₹626 crore in the same period the previous financial year, as per the consolidated financial statements.

However, the company's consolidated revenues rose 54.4% to ₹5,562 crore in the second quarter of the 2025-26 fiscal year, compared year-on-year (YoY) with ₹3,601 crore in the same period a year ago.

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