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Swiggy IPO: Issue subscribed 12% on Day 1
Swiggy IPO: Retail portion subscribed 84%, overall 35% shares allotted
Swiggy plans to use the proceeds of IPO to expand its dark store network, make further investments in Scootsy, fund acquisitions and brand marketing.
Swiggy's $1.4 billion Indian IPO 12% subscribed on its first day
Food and grocery delivery firm Swiggy's $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail investors placing orders for more than half the shares reserved for them in India's second-largest IPO of 2024.
Swiggy IPO Subscribed 24% So Far On Day Two—Check GMP
The initial public offering of Swiggy Ltd. has been subscribed 0.24 times, or 24%, as of 12:54 p.m. on its second day of bidding on Thursday. The grey market premium of Swiggy was Rs 9.50 and it is estimated to list at Rs 399.5, as per data available as of 5:03 a.m. on Nov. 7.
Swiggy IPO: Should you subscribe or buy Zomato stock?
As the initial public offering (IPO) of Swiggy opens for public subscription on Wednesday (November 6), investors are weighing their options: should they subscribe to the issue or invest in the Zomato stock?
Swiggy $1.4 billion IPO opens for orders as Indian stocks lose some of their appeal
Indian food and grocery delivery firm Swiggy is expected to see just modest demand from retail investors for its $1.4 billion IPO even after cutting its hoped-for valuation twice, with momentum for domestic stocks having cooled considerably.
15m
Tepid response to Swiggy IPO continues, 35 pc subscription on Day 2
Swiggy IPO continued to see a tepid response from investors on the second day of bidding on Thursday. The Rs 11,327 crore IPO ...
cnbctv18
3h
Chemists’ association raises alarm over Swiggy, PharmEasy's 10-minute medicine delivery plan
From violation of laws to compromise on quality and patient safety, a chemists association of 12.40 lakh members has written ...
5h
Swiggy IPO subscription status day 1: Issue booked 12%, retail leads at 54%; GMP signals muted listing gains
Swiggy IPO subscription began today in the primary market after the company collected Rs 5,085 crore from anchor investors.
1d
Swiggy IPO nets $606 million from institutional investors
Swiggy has raised around $606 million from a set of more than 75 anchor investors as part of its $1.35 billion initial public ...
2h
Your Comprehensive Guide to Swiggy IPO
Select Swiggy IPO: Find Swiggy in the IPO listings and click “Apply Now.” Enter Bid Amount: Input your desired bid amount and ...
1d
Swiggy's $1.3 Billion IPO May Face Lukewarm Retail Interest
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
1d
Fidelity, Norges among buyers of Swiggy shares in India IPO
Swiggy sold shares worth $605 million to institutional investors including Fidelity and Norges on Tuesday as the food ...
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7h
Swiggy IPO Live Updates: Issue booked 15% so far, retail portion subscribed 67%; check latest GMP, other details
The Bengaluru-based firm's initial public offer opened for subscription in a price range of ₹371 to ₹390. This offering takes place alongside several recent IPOs.
2h
Swiggy IPO reveals its business model differences from rival Zomato
Swiggy's IPO filing reveals unique business model compared to Zomato, with strong growth potential in India's food delivery market.
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