{"id":862802,"date":"2024-10-04T07:52:12","date_gmt":"2024-10-04T02:22:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=862802"},"modified":"2024-10-04T07:59:28","modified_gmt":"2024-10-04T02:29:28","slug":"swiggy-gets-shareholder-nod-to-use-provision-to-upsize-ipo-fresh-issue","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/04\/swiggy-gets-shareholder-nod-to-use-provision-to-upsize-ipo-fresh-issue\/","title":{"rendered":"Swiggy gets shareholder nod to use provision to upsize IPO fresh issue"},"content":{"rendered":"<p>SoftBank-backed Indian food delivery company Swiggy received shareholders&#8217; approval to use a provision that will allow it to increase the size of fresh issue in its IPO to Rs 5,000 crore ($595 million) from Rs 3,750 crore, people aware of the matter told Reuters on Thursday. <\/p>\n<p>India&#8217;s red-hot IPO market has already seen around 250 companies raise over $9 billion so far this year, more than double the amount raised in the same period last year, as per LSEG data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank-backed Indian food delivery company Swiggy received shareholders&#8217; approval to use a provision that will allow it to increase the size of fresh issue in its IPO to Rs 5,000 crore ($595 million) from Rs 3,750 crore, people aware of the matter told Reuters on Thursday. India&#8217;s red-hot IPO market has already seen around 250 companies raise over $9 billion so far this year, more than double the amount raised in the same period last year, as per LSEG data.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-862802","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/862802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=862802"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/862802\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=862802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=862802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=862802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}