Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Swiggy Opens QIP — Sets Floor Price at ₹390.51 per Share
Update / Judgement Date
09 Dec 2025
Source
Author
Sakshi Bhardwaj — WCP Legal Desk
Reading Time
1 min read
The article reports that Swiggy has launched a Qualified Institutional Placement (QIP), setting a floor price of ₹390.51 per share. The move reflects Swiggy’s strategy to raise fresh capital via institutional investors rather than public retail offering. The article discusses how this may help strengthen Swiggy’s balance sheet, fuel expansion, and support growth initiatives amid rising competition in the food-tech and delivery market.