Swiggy's ₹10,000-cr QIP to open amid 30% stock fall in 1 year

Shristi Acharya, Published on Dec 2nd, 2025

Swiggy's ₹10,000-cr QIP to open amid 30% stock fall in 1 year

Swiggy is reportedly set to raise ₹10,000 crore through a qualified institutional placement (QIP) in the second week of November. This comes as its shares have fallen by more than 30% so far this year, amid a price war that is driving aggressive discounting. The company's shares were, however, trading 2.7% higher at ₹399 apiece on Tuesday.

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