Domestic investors including ICICI Prudential Mutual Fund, SBI Mutual Fund and Aditya Birla Sun Life Mutual Fund, and global financial institutions such as Temasek, Norway’s sovereign wealth fund, Vanguard, Capital Group, Nomura and Goldman Sachs participated in the QIP
Billionaire Cyrus Soli Poonawalla on Monday bought shares of food delivery platform Swiggy from his firm, Serum Institute of India, for ₹42.35 crore in an open-market transaction.
According to NSE bulk deal data, Poonawalla bought 11.235 lakh shares at an average price of ₹377.
Poonawalla is the Chairman and Managing Director of the Serum Institute of India.
QIP issue
It may be recalled that the food and grocery delivery company last month raised ₹10,000 crore through a qualified institutional placement (QIP).
Domestic investors including ICICI Prudential Mutual Fund, SBI Mutual Fund and Aditya Birla Sun Life Mutual Fund, and global financial institutions such as Temasek, Norway’s sovereign wealth fund, Vanguard, Capital Group, Nomura and Goldman Sachs participated in the QIP.
Shares of Swiggy slipped 2.43 per cent to close at ₹377.80 per piece on the NSE.
Published on January 5, 2026