Swiggy Limited (SWIGGY) — Offer Document Announcement
Swiggy Limited disclosed its Monitoring Agency Reports for the quarter ended March 31, 2026, covering utilization of proceeds from its Initial Public Offer (IPO) and Qualified Institutional Placement (QIP). The reports, reviewed by the Audit Committee and approved by the Board on May 8, 2026, confirm compliance with offer document disclosures for both issues. The IPO raised Rs 44,990.00 million gross proceeds (net Rs 43,589.82 million after expenses), while the QIP generated Rs 100,000.00 million gross proceeds (net Rs 99,186.43 million). The reports detail fund deployment across strategic investments, technology, marketing, and general corporate purposes, with no material deviations from approved objects. All proceeds were tracked via bank statements and independent chartered accountant certifications, ensuring transparency in monitoring agency oversight.
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About Swiggy Limited (SWIGGY)
Consumer Services · Retailing · Listed on NSE
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