Swiggy's Lock-In Expiry to Release INR 3,300 Crore Worth Shares

Swiggy's Lock-In Expiry to Release INR 3,300 Crore Worth Shares

By Manu Vardhan Kannan

Published on February 1, 2025

Swiggy, one of India’s top food delivery platforms, is set to experience a major stock market development as its lock-in period for pre-IPO shares comes to an end. Over the next month, 7.8 crore shares, valued at INR 3,345 crore based on current market prices, will become eligible for trading. This phased unlocking could stir market interest and impact stock liquidity.

The unlocking process will take place in multiple stages. The first batch of 29 lakh shares will be available for trade on January 29, followed by smaller releases of 3 lakh shares on January 31 and 1 lakh shares on February 19. However, the most significant tranche - 6.52 crore shares, accounting for nearly 3 per cent of Swiggy’s total outstanding shares will be unlocked on February 10. The final batch of 96 lakh shares will become tradable on February 24.

The valuation of these shares is based on Swiggy’s latest closing price of INR 428.30 on the BSE. While such a large release of shares could create supply pressure, analysts at Nuvama suggest that the impact might be moderated as a significant portion is held by promoters and institutional investors who may not offload them immediately.

Meanwhile, Swiggy has announced that its board will convene on February 5, 2025, to review and approve its unaudited financial results for the quarter and nine months ending December 31, 2024. This will be the company’s second earnings report since going public.

In its July-September 2024 quarter, Swiggy reported a net loss of INR 625 crore, an improvement from INR 657 crore in the same period last year. However, revenue surged 30 per cent year-on-year, reaching INR 3,601 crore from INR 2,763 crore in Q2 FY24.

Since its IPO in 2024, Swiggy has remained a dominant force in India’s fast-evolving food-tech sector, competing against Zomato and emerging quick-commerce players. With its lock-in expiry approaching, investors are closely watching market reactions and liquidity shifts. Over the past month, Swiggy’s stock has dropped over 21 per cent, including a nearly 3 per cent decline in the last week alone.


TSG Hotels and Resorts Extends Heartfelt CSR Initiative Across Swaraj Dweep and Shaheed Dweep

TSG Hotels and Resorts Extends Heartfelt CSR Initiative Across Swaraj Dweep and Shaheed Dweep

By Author

Published on May 2, 2025

In a continued commitment to social responsibility and community well-being, TSG Hotels and Resorts has executed a compassionate Corporate Social Responsibility (CSR) drive across Swaraj Dweep and Shaheed Dweep, bringing tangible support to patients and healthcare workers in the region.

As part of this thoughtful initiative, 50 nutritious food packets were distributed at Ayushman Arogya Mandir, Swaraj Dweep, benefiting both patients and hospital staff. The effort not only aimed to provide essential nourishment but also served as a gesture of gratitude to the frontline healthcare workers who continue to serve selflessly.

Further strengthening its outreach, the TSG team extended the CSR activity to Shaheed Dweep, where three specialized nutritional kits were provided to patients undergoing tuberculosis treatment at the Primary Health Centre (PHC). Recognizing the critical role of diet in recovery, the kits were curated to help meet the heightened nutritional needs of TB patients during their treatment journey.

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This initiative underlines TSG Group’s unwavering dedication to community care, showcasing how hospitality brands can play a pivotal role beyond their core business. By supporting healthcare infrastructure and vulnerable patient groups, TSG Hotels and Resorts is setting an example of responsible hospitality and community partnership.

Such meaningful efforts reinforce the idea that corporate responsibility, when carried out with empathy and purpose, can leave a lasting impact on society—especially in remote regions like the Andaman Islands.


Sanskriti University Hosts Inspiring Business and Leadership Conclave 2025

Sanskriti University Hosts Inspiring Business and Leadership Conclave 2025

By Manu Vardhan Kannan

Published on May 2, 2025

Sanskriti University recently hosted the Business and Leadership Conclave 2025, a transformative event that united renowned leaders from business, education, IT, healthcare, and the film industry. The conclave sparked an invigorating dialogue on culture-based leadership, financial literacy, and entrepreneurial vision for a Viksit Bharat.

The event commenced with a ceremonial lamp lighting by Spiritual Guru Acharya Satish Sadguruji Maharaj, joined by Chancellor Dr. Sachin Gupta, Pro Chancellor Shri Rajesh Gupta, Industrialist Puran Dawar, Shri Ramesh Agarwal (Chairman, Agarwal Packers and Movers Limited), Acharya Manishji (Founder, HIIMS), and Vice Chancellor Prof. (Dr.) MB Chetti.

Held at the Santosh Memorial Hall, the conclave unfolded through six powerful sessions. Vice Chancellor Prof. (Dr.) MB Chetti opened the event by reaffirming Sanskriti University’s mission to create job creators, not just job seekers, under the vision of Chancellor Dr. Sachin Gupta.

Jagadguru Satishacharya delivered an insightful inaugural address on how Sanatan Dharma, education, and health are the cornerstones of true leadership. He inspired students by sharing that strong values and cultural roots can lead to success, even with limited formal education.

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Chancellor Dr. Sachin Gupta stressed the importance of self-discipline, human values, and holistic growth in shaping future-ready leaders. Acharya Manishji introduced the concept of six Purusharthas from the Vedas as a blueprint for a balanced and fulfilling life.

The conclave also highlighted financial awareness, with experts like Vikas S. Chaturvedi (Valucent Company), Paresh K. Tapadia (FundsIndia Private Wealth), and Vimal Tripathi urging students to begin financial planning early and invest in themselves.

A major highlight of the event was the keynote by global motivational speaker Ankur Warikoo, who captivated the audience by encouraging them to explore diverse experiences, embrace uncertainty, and focus on inner happiness rather than rigid career tracks.

In a powerful session on soft power, Bollywood actor and motivational speaker Mohammad Ali Shah, along with acclaimed filmmaker Gajendra Singh, emphasized the role of music and cinema in promoting cultural diplomacy and global storytelling.

Industrialist Puran Dawar described the current era as “Amrit Kaal,” an age of economic opportunities for youth, while Ramesh Agarwal motivated students to stay focused and dream big, sharing his inspiring journey from army life to becoming a business leader.

The entire event was organized under the leadership of Dr. Gajendra Singh, CEO of the Sanskriti University Incubation Center. The efforts of student volunteers such as Kavyansh Kushwaha, Deepika Chaudhary, Pari Mitra, Amit Keshari, and Riya Arora contributed to the smooth execution of the conclave.

The Business and Leadership Conclave 2025 set a new benchmark in leadership development, aligning with Sanskriti University’s vision of producing culturally grounded, entrepreneurial, and globally conscious leaders committed to building a Viksit Bharat.


5 Most Luxurious Condominium Clubs in Delhi Redefining High-End Living

5 Most Luxurious Condominium Clubs in Delhi Redefining High-End Living

By Manu Vardhan Kannan

Published on April 29, 2025

Luxury living in Delhi today is defined by experiences rather than just marble floors and skyline views. The city's most luxurious condominium clubs are setting new standards, offering leisure, dining, and wellness options that rival even Delhi’s finest restaurants and hotels.

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ONE Midtown Club by DLF, Moti Nagar

Spread across multiple podium levels, ONE Midtown Club is the vibrant hub of the DLF One Midtown community in Moti Nagar. The club features a 34-seat restaurant, a sophisticated bar, a sprawling 12,000 sq. ft. pool area, one of the largest resident gyms in Delhi, and thoughtfully designed community spaces. It offers an infinity swimming pool with five distinct zones, a dedicated kids' play area, a multipurpose hall for events and meetings, and a games room and convenience store. Residents can also unwind at the salon and spa, dine at the restaurant or café, and socialize at the luxurious bar. Managed by DLF Hospitality, the club offers world-class amenities that make it a space for connection, recreation, and endless possibilities.

Club Ishva by TARC, Sector 63A

Located in a luxury TARC development in Gurgaon, Club Ishva is among NCR’s most comprehensive residential clubhouses. With lounges, party spaces, a high-tech gym, spa, yoga and Zumba studios, intelligent parking, and meeting rooms, it feels like a private country club. Built for daily indulgence and community connection, Club Ishva offers a seamless blend of comfort and luxury.

Leela Sky Villas Club, Kirti Nagar

Part of Delhi’s tallest residential building, this clubhouse is managed by The Leela and brings together royal hospitality and modern elegance. Residents enjoy signature dining experiences, a full-service spa, a heated indoor swimming pool, and serene yoga and meditation areas. With private lounges and dedicated concierge services, living here feels like staying in a seven-star hotel while enjoying all the comforts of home.

Godrej South Estate Club, Okhla

Nestled in the lush surroundings of Okhla, Godrej’s clubhouse focuses on wellness, combining responsible design with modern luxury. It features air purifiers throughout, a state-of-the-art fitness center, spa-inspired rooms, and a temperature-controlled pool. Peaceful cafés and lively party lounges create spaces that rejuvenate the mind and body, offering a refreshing way to experience luxury living.

Unity in The Amaryllis Club, Karol Bagh

In the heart of Central Delhi, Unity The Amaryllis offers a perfect blend of luxury and comfort through its expansive clubhouse. Game rooms, an Olympic-sized pool, banquet facilities, a state-of-the-art gym, and relaxing steam rooms provide residents with the amenities they love most about hotels, without ever needing to check out. Landscaped gardens, cozy cafés, and communal lounges complete the experience of vibrant, everyday luxury.

These five opulent clubs are redefining what it means to live luxuriously in Delhi. Whether it's sipping wine under the stars or floating in a stunning infinity pool, these clubhouses deliver an elevated lifestyle you’ll never want to leave.

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