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Swiggy Receives “Equity Issue of the Year 2024” Award at IFR Asia Awards for Landmark IPO

Bengaluru, 7 February 2025

Swiggy (Swiggy Ltd, NSE: SWIGGY / BSE: 544285): Swiggy, India’s leading on-demand convenience platform, has been honoured with the prestigious “Equity Issue of the Year 2024” award at the IFR Asia Awards 2024. This recognition celebrates Swiggy’s remarkable initial public offering (IPO), which raised an impressive ₹11,327.43 crore, marking it the largest consumer-tech IPO of the year.

Swiggy’s shares were successfully listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 13, 2024.

“Receiving the ‘Equity Issue of the Year’ award from IFR Asia is a significant honour,” said Rahul Bothra, CFO, Swiggy. “This recognition is a testament to Swiggy’s strong business fundamentals, operational excellence, and the immense confidence that marquee Indian and global investors have placed in us. The overwhelming response to our IPO highlights our vision to transform convenience for millions of consumers while building a sustainable, technology-driven ecosystem. We remain committed to driving long-term value for all our stakeholders”.

The IFR Asia Awards, presented by the International Finance Review (IFR), are widely regarded as one of the most prestigious accolades in the financial industry, recognizing outstanding achievements in capital markets across the Asia-Pacific region. Swiggy’s IPO has set a new benchmark in the consumer technology sector, reflecting the company’s scale, resilience, and promising future growth trajectory.

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