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Company Information

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SWIGGY LTD.

20 December 2024 | 12:00

Industry >> E-Commerce/E-Retail

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ISIN No INE00H001014 BSE Code / NSE Code 544285 / SWIGGY Book Value (Rs.) -33.78 Face Value 1.00
Bookclosure 52Week High 613 EPS 0.00 P/E 0.00
Market Cap. 133736.03 Cr. 52Week Low 391 P/BV / Div Yield (%) -17.69 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated as `Bundl Technologies Private Limited' as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated December 26, 2013, issued by the Registrar of Companies, Andhra Pradesh at Hyderabad. Subsequent to a change in our registered office from the state of Andhra Pradesh to the state of Karnataka pursuant to the Board resolution dated November 2, 2015, and the special resolution passed by our Shareholders on December 11, 2015, a fresh certificate of registration dated September 19, 2016, was issued by the Registrar of Companies, Karnataka at Bengaluru. Our Company changed its name to "Swiggy Private Limited" pursuant to the Board resolution dated January 25, 2024, and the special resolution dated February 19, 2024, further to which a fresh certificate of incorporation dated April 1, 2024 was issued by the RoC, CPC. Our Company was subsequently converted into a public limited company pursuant to the Board resolution dated February 14, 2024 and special resolution passed by our Shareholders on February 19, 2024 and the name of our Company was changed to `Swiggy Limited'. A fresh certificate of incorporation dated April 10, 2024 was accordingly issued by the RoC, CPC.

Major Events and Milestones:
2013
-Incorporation of our Company

2014
-Launch of our Food Delivery business

2015
-First major fund raise by our Company

2019
-Expansion of the food delivery business to cover 500+ cities

2020
-Launch of "Swiggy Instamart" and "Swiggy Genie"

2021
-Launch of membership program, "Swiggy One"

2022
-Acquisition the DineOut business and subsequent introduction of restaurant discovery, bookings and payments services through our app for dine-in

2022
-Expansion of Swiggy Instamart to cover 25 cities, 400+ Dark Stores and 8,400+ SKUs
-Launch of "Swiggy Minis"

2023
-Launch of a Swiggy-HDFC Bank co-branded credit-card
-Acquisition of 100% stake in Lynks
-Launch of "Swiggy Mall"
-Expansion of EV fleet to 7,500 active electric vehicles

2024
-SwiggyOne members crossed over 5.7 million members
-Crossed 110 million ever transacted users on our platforms