Swiggy launched its initial public offering (IPO) on November 6, 2024, with an opening price of INR 371-390 per share.
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This broke the previous record set by Life Insurance Corporation of India's Rs 21,008 crore IPO in May 2022. Other notable ...
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On other parameters, the issue appears aggressively priced. The offer document is missing PAT margins and RoCE margins data,” ...
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Swiggy's IPO offering is expected to raise around ₹11,327 crore (approximately $1.36 billion), targets a valuation near $11 billion.
The IPO received bids for about 1.8 crore shares against around ... company has been experiencing continuous financial losses ...
Swiggy's IPO oversubscribed 3.59 times, with a price band of ₹371-₹390 per share, aiming to boost quick commerce.