Swiggy is an emerging e-commerce and food delivery company that leverages technology to provide its services. While the company has shown steady revenue growth, it has consistently reported losses. The IPO's negative P/E ratio suggests an aggressive pricing strategy. However, management is optimistic about turning operations profitable in the coming years, fueled by its strategic plan and the IPO funds, which are expected to help scale up its offerings. India's growing market and the potential to reach smaller cities represent a significant opportunity for Swiggy.

Investors with a long-term perspective and an appetite for risk may consider applying, while others might choose to wait for positive financial performance before investing. Key risks for the company include intense competition, pricing pressures, regulatory challenges, high operational costs, reliance on third-party restaurants, negative cash flow, and the challenges of managing dark stores.