{"id":863693,"date":"2024-10-07T08:41:35","date_gmt":"2024-10-07T03:11:35","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=863693"},"modified":"2024-10-07T08:44:17","modified_gmt":"2024-10-07T03:14:17","slug":"swiggy-to-raise-ipo-size-to-rs-5000-crore","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/07\/swiggy-to-raise-ipo-size-to-rs-5000-crore\/","title":{"rendered":"Swiggy to raise IPO size to Rs 5000 crore"},"content":{"rendered":"<p>Foodtech major Swiggy has made a provision to raise an additional sum of \u20b91,250 crore through its initial public offer. <\/p>\n<p>The company has reportedly received shareholder approval to increase the size of the primary issue from \u20b93,750 crore to \u20b95,000 crore at an extraordinary general meeting on October 3. <\/p>\n<p>The offer for sale component remains unchanged at an estimated \u20b96,664 crore. <\/p>\n<p>The company in its draft prospectus has said that corporate selling shareholders will offer 18.52 lakh shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foodtech major Swiggy has made a provision to raise an additional sum of \u20b91,250 crore through its initial public offer. The company has reportedly received shareholder approval to increase the size of the primary issue from \u20b93,750 crore to \u20b95,000 crore at an extraordinary general meeting on October 3. The offer for sale component remains unchanged at an estimated \u20b96,664 crore. The company in its draft prospectus has said that corporate selling shareholders will offer 18.52 lakh shares.<\/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":[83,4,22],"tags":[],"class_list":["post-863693","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/863693","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=863693"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/863693\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=863693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=863693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=863693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}