India Food Delivery - Bracing for Disruption (ONDC)
ONDC is set to offer customers more options, alter business models for online food delivery players and provide a tailwind for express logistic...
585 Views
Meesho Ltd IPO - Value-Led Play, Moderately Priced
Meesho Ltd (ML) is looking to raise around US$607m in its upcoming India IPO. In this note, we talk about the company’s implied valuations in the...
339 Views
Swiggy: Value Emerging, Upgrade to BUY
Swiggy’s food delivery (FD) print was largely in line (MTUs at 15.1mn vs HSIE’s 15.2mn, gross revenue up 19.7% at INR18.67bn vs HSIE’s INR18.5bn,...
231 Views
Swiggy IPO Lockup - US$7.9bn Lockup Release
Swiggy (SWIGGY IN) raised around US$1.35bn in its India IPO in Nov 2024. The lockup on its pre-IPO investors is set to expire soon.
519 Views
Swiggy (SWIGGY IN): Post-IPO Global Index Inclusion & Final Lockup Expires In May 2025
Following research, due to the 6-month lock-up on the pre-offer share capital, the free float increase from 13% to 40% is expected to take place on...
773 Views