Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
Swiggy Ltd.’s shares climbed in their Mumbai debut, signaling a vote of confidence for large initial public offerings in India.
Swiggy IPO: Muted listing expected, analysts cautious
The current grey market premium (GMP) of ₹2 indicates a muted listing of Swiggy shares on the domestic bourses.
Swiggy IPO listing date today. Here’s what GMP, experts say on share debut
Swiggy is scheduled to launch its shares on the stock market on November 13, 2024, having achieved a subscription rate of 3.59 times, indicating a reasonable level of interest from investors. The firm is active in India's swiftly expanding online food delivery and quick commerce industries, which have experienced substantial growth.
Swiggy IPO allotment status released: What GMP indicates ahead of listing date
The Swiggy IPO got a fairly sluggish response, subscribed just over three times, mostly by institutional investors on the last day, just like the Hyundai IPO
Swiggy’s Shares Jump in India’s Second-Largest IPO This Year
Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.Its shares rose as much as 15% from its offer price to 448.
Swiggy Share Price IPO Listing 2024 Highlights: Swiggy makes positive debut, closes 10.5% higher
Swiggy Share Price, IPO Listing, Swiggy IPO Subscription Status Highlights: The company raised Rs 945.40 crore from anchor investors by selling 315.13 million shares.
Swiggy IPO listing makes 500 employees 'crorepatis'
As Swiggy raises ₹11,327 cr in India’s 2nd-largest IPO, 500 employees stand to earn ₹1 cr each from a ₹9,000 cr ESOP payout
Swiggy IPO listing: The debut of the food and grocery firm’s shares on the stock exchanges?
Swiggy Ltd had set a price band of Rs 371-390 per share for its Rs 11,300 crore initial public offering. The offer consisted of a fresh issue of Rs 4,499 crore and an offer-for-sale of Rs 6,825 crore.
Swiggy's IPO debut tests demand for rapid-delivery firms in India
According to CLSA, these firms are set to top $78 billion in combined gross orders within a decade, potentially affecting existing consumer-product majors like Hindustan Unilever Ltd. and Marico Ltd
SoftBank-backed Swiggy's shares soar 15% on India market debut after stellar IPO
The company's IPO, the country's second-largest this year, was reportedly oversubscribed more than three times.
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion rupees.
How Swiggy IPO will make hundreds of its employees crorepatis
The food delivery company’s Rs 11,000 crore Initial Public Offering (IPO) made its debut on the Indian stock market today (13 ...
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Swiggy IPO: Employees to become Millionaires
Swiggy, the popular food delivery and grocery platform, made a notable debut on the stock market today. With its initial public offering (IPO) oversubscribed by ...
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Swiggy’s IPO Debut Tests Demand for India’s Rapid-Delivery Firms
following Hyundai Motor India Ltd.’s record $3.3 billion IPO. The market debut will position Swiggy against larger ...