Will Swiggy Mirror Zomato's IPO Success?

Zomato's IPO Journey

In July 2021, Zomato filed for IPO despite losses. The IPO was subscribed 38.25 times and listed at a 51% premium.

Market Sentiment and Recovery

Zomato’s market sentiment was positive. It recovered from losses, yielding 200% profit for investors in a year.

Swiggy's IPO Plans

Swiggy plans a $1.25 billion IPO with a $450 million fresh issue and an $800 million offer for sale.

Valuation Comparisons

Swiggy's IPO valuation is estimated between $10 billion and $14 billion, compared to Zomato’s higher market cap.

Market Position and Strategy

Swiggy’s IPO strategy is influenced by Zomato’s success. Partnerships and cost-cutting are key for Swiggy’s growth.

Future Prospects

Swiggy must show a clear path to profitability to attract investors. The IPO’s success depends on its growth strategy.

Can Swiggy’s High Valuation Stand Up To The IPO Test? Here’s What Grey Market Indicates