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Swiggy QIP of Rs 10000 Crore Opens December 9 After Shareholder Approval
Swiggy will launch its Rs 10,000-crore qualified institutional placement on December 9 after securing overwhelming shareholder approval. The fundraise is among the largest in India’s consumer internet space this year and comes amid intensifying competition in the quick-commerce segment.
By Finblage Editorial Desk
9:40 am
9 December 2025
Swiggy’s ₹10,000-crore qualified institutional placement (QIP) will open for subscription on December 9, a day after shareholders approved the proposal at the company’s extraordinary general meeting. In a regulatory filing dated December 8, the company confirmed that the special resolution received strong backing, with 99.47% of the votes cast in favour. About 76.40% of shareholders participated in the voting process.
Under the approved resolution, Swiggy is authorised to issue equity shares to eligible qualified institutional buyers for an amount not exceeding ₹10,000 crore. The company is expected to reach out to long-only funds and global institutional investors as part of the fundraise.
The equity infusion is expected to significantly strengthen Swiggy’s balance sheet and provide capital for expansion across its core food delivery business, its quick-commerce unit Instamart, and newer growth verticals. The timing of the fundraise is critical as competition in the fast-growing quick-commerce space continues to intensify.
Swiggy Instamart is locked in a high-stakes battle with rivals Blinkit and Zepto for market leadership. Blinkit recently raised ₹600 crore to support its operations, taking its total capital raised this year to ₹2,100 crore. Zepto has also secured fresh funding of $450 million, highlighting the capital-intensive nature of the sector.
Swiggy has indicated that the proceeds from the QIP will be used to strengthen its financial position, fund growth opportunities, and ramp up investments across its platform. Recently, the company also monetised part of its stake in Rapido to bolster liquidity ahead of the institutional share sale.
Investor response and pricing of the QIP will be closely tracked, especially as the quick-commerce funding race enters a more aggressive phase.
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