Swiggy IPO Goldmine or Disaster? Detailed Case study
Think School case study on Swiggy's planned IPO, based on the narrator's reading of the company's roughly 400 page draft red herring prospectus. The narrator says the IPO is for about 11,664 crore rupees, with about 6,664 crore as an offer for sale and about 5,000 crore in fresh shares, and compares Swiggy with Zomato, Blinkit and Zepto. He explains the super app model, a hub and spoke delivery model that he says lowers delivery cost per order, differing acquisition and expansion strategies, and financials he says show revenue growing 36 percent while losses fell. He closes on risks, including leadership departures. Sponsor named: Odoo. COVERAGE: this note covers most of the roughly 18 minute video based on the captions. Figures, comparisons and predictions are the narrator's own and not independently checked. This is not financial, investment or legal advice and is not a recommendation about the IPO.
Executive Summary (TL;DR)
Think School case study on Swiggy's planned IPO, based on the narrator's reading of the company's roughly 400 page draft red herring prospectus. The narrator says the IPO is for about 11,664 crore rupees, with about 6,664 crore as an offer for sale and about 5,000 crore in fresh shares, and compares Swiggy with Zomato, Blinkit and Zepto. He explains the super app model, a hub and spoke delivery model that he says lowers delivery cost per order, differing acquisition and expansion strategies, and financials he says show revenue growing 36 percent while losses fell. He closes on risks, including leadership departures. Sponsor named: Odoo. COVERAGE: this note covers most of the roughly 18 minute video based on the captions. Figures, comparisons and predictions are the narrator's own and not independently checked. This is not financial, investment or legal advice and is not a recommendation about the IPO.