News · Commerce & Consumer Brands

Swiggy grants ₹150 crore ESOPs to employees

By Startup Enthusiast · 12 July 2025

What they do

Swiggy is a food delivery and quick commerce company based in Bengaluru

It granted 38.86 lakh stock options worth ₹150 crore under its ESOP 2024 plan

The grant follows a ₹443.4 crore ESOP in April 2025, totalling nearly ₹600 crore this year

Swiggy granted 3,886,049 stock options (38.86 lakh) worth ₹150 crore ($17.5 million) on 11 July 2025.
The options are priced at ₹385.1-385.3 per share with an exercise price of ₹1 per share.
Each option converts into one fully paid-up equity share of face value ₹1.
Options can be exercised any time after vesting until the company is liquidated.
Employees who leave can exercise options within 36 months of cessation.
Equity shares issued under the plan have no lock-in period.
The grant was approved by Swiggy's Nomination and Remuneration Committee (NRC).
It was made under the 'Swiggy Employees Stock Option Plan 2024' and complies with SEBI regulations.

Swiggy had earlier granted ₹443.4 crore in ESOPs in April 2025.
Total ESOP grants in 2025 are nearly ₹600 crore.
Swiggy's Q4 FY25 revenue was ₹4,410 crore (up 45% YoY) but net loss widened to ₹1,081 crore (up 95% YoY).
Rival Zomato posted a Q4 FY25 profit of ₹39 crore, while Zepto's FY24 loss narrowed to ₹1,248 crore.

Swiggy is a food delivery major based in Bengaluru.
It also operates quick commerce via its Instamart service.
In June 2025, Swiggy launched 'Crew', a lifestyle and travel concierge platform.
For full FY25, Swiggy reported revenue of ₹15,227 crore.
Its market capitalisation is about ₹96,080 crore (~$11.3 billion).
Swiggy's share price closed at ₹385.3 on 11 July 2025.