Swiggy Plans to Raise ₹10,000 Crore to Boost Quick Commerce via QIP; Share Price in Focus

On November 7, 2025, Swiggy’s board was set to discuss plans to raise ₹10,000 crore to enhance its balance sheet, with a focus on expanding the quick commerce division. This possible qualified institutional placement (QIP) is part of strengthening strategic flexibility in a highly competitive market.

Swiggy Board Considers ₹10,000 Crore QIP for Expansion

Swiggy Ltd. is under the spotlight as its board will meet to evaluate a fundraise of ₹10,000 crore via QIP or other financial instruments. The amount may be raised in multiple tranches. This move is aimed at reinforcing its capital structure and fuelling growth, especially in the company’s quick commerce vertical.

Operational Highlights: Losses Deepen, Revenue Sees Growth

In the September quarter, Swiggy reported a net loss of ₹1,092 crore, up from a loss of ₹626 crore in the same quarter last year. Despite the increase in losses, the company saw revenue jump by 54% year-on-year to ₹5,561 crore, compared to ₹3,601 crore previously. The EBITDA loss also widened to ₹798 crore, from ₹554 crore last year.

Read More: Swiggy to Consider ₹10,000 Crore Fundraise on November 7!

Quick Commerce Drives Revenue Growth

Swiggy’s quick commerce segment, which includes its Instamart service, has shown significant performance. Revenue from this segment doubled to ₹980 crore in the September quarter, from ₹490 crore in the previous year. Meanwhile, the traditional food delivery business recorded ₹1,923 crore in revenue, rising from ₹1,577 crore year-on-year.

Cash Position and Strategic Sale

As of the end of the September quarter, Swiggy had ₹4,605 crore in cash on its books, down from ₹5,354 crore in the previous quarter. However, with the upcoming ₹2,400 crore inflow expected from the Rapido stake sale, the total cash balance is projected to reach nearly ₹7,000 crore.

Market Reaction and Share Performance

Swiggy’s shares ended at ₹405.75 on November 6, 2025, down 1.84% for the day but still trading above its IPO issue price of ₹390. However, the stock has dropped 25% year-to-date, reflecting investor caution amid persistent losses and heightened competition.

Swiggy Share Price Performance

On November 7, 2025, Swiggy share price opened at ₹399.95 on NSE, below the previous close of ₹403.95. During the day, it surged to ₹408.35 and dipped to ₹398.10. The stock is trading at ₹407.55 as of 9:19 AM. The stock registered a moderate gain of 0.89%.

Over the past week, it has moved up by 1.27%, over the past month, it has declined by 6.72%, and over the past 3 months, it has moved up by 2.27%.

Conclusion

Swiggy’s plan to raise ₹10,000 crore indicates a strategic effort to scale up its quick commerce operations and bolster financial stability. Despite growing losses, its consistent revenue growth indicates strong market demand, with further capital likely accelerating expansion and competitiveness.

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