Yo, guess who’s diving into Swiggy pre-IPO shares? That’s right, famous faces like Amitabh Bachchan, Karan Johar, Madhuri Dixit, Rahul Dravid, and Zaheer Khan. These big shots are buying up unlisted shares as the food delivery giant gears up for its much-talked-about IPO. According to The Economic Times, around 200,000 of Swiggy’s shares are already snapped up by these celebs, mostly from the sports and entertainment world.
## swiggy’s unlisted market surge
In recent months, Swiggy’s pre-IPO shares have been on fire in the unlisted market. Back in July, shares were floating around Rs 355. Fast forward two months, and now they’re at Rs 490—a whopping 40% jump! This spike has pumped up Swiggy’s valuation from Rs 70,000 crore to a colossal Rs 1.16 lakh crore.
## bollywood stars and business leaders join the round
Besides the usual suspects like cricketers Rahul Dravid and Zaheer Khan, other big names in this pre-IPO party include Karan Johar, Madhuri Dixit Nene, and Amitabh Bachchan. Even Ashish Chowdhry, the brains behind Disrptve Ventures, and Innov8 founder Ritesh Malik are in the game. This flood of capital is hitting Swiggy as they raise funds through secondary markets, pulling in both local and global investors before the big IPO splash.
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## sebi approval and market excitement
Word on the street is that Swiggy’s IPO got the nod from SEBI, the Securities and Exchange Board of India. This is huge, folks! That stamp of approval has got everyone buzzing in the unlisted market. Be it institutional investors or average Joes, everyone’s eyes are glued to the IPO date.
## big names in swiggy ipo
The hype is real, my friends. We’re talking global venture capital giants like SoftBank Vision Fund, Accel, and Prosus throwing their weight behind Swiggy. Not to mention Raamdeo Agrawal, the big boss at Motilal Oswal Financial Services, now holding a stake. High-net-worth individuals are increasingly diversifying their portfolios, and Swiggy’s got their attention.
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## global venture capital firms backing swiggy
Who else is in on this action? How about SoftBank, Accel, and Prosus—some of the heavy hitters in venture capital. They’ve been backing Swiggy for a while, and they’re not stopping now. Even Raamdeo Agrawal of Motilal Oswal Financial Services has thrown his hat into the ring. When guys like these are interested, you know something big is cooking.
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With heavyweights from sports, Bollywood, and business all taking a slice, Swiggy’s IPO is shaping up to be the talk of the town. Keep an eye out, because this is one ride you won’t want to miss!
