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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 subscribed 35%
The initial public offer (IPO) of Swiggy received 5,56,98,652 bids for shares as against 16,01,09,703 shares on offer, according to stock exchange data at 17:00 IST on Thursday (7 November 2024). The issue was subscribed 0.35 times.
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.
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?
6h
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.
inc42
30m
Inside Swiggy Instamart’s ‘Mega Dark Store’ Plan
Swiggy Instamart is doubling down on non-grocery, a mix of 10-minute and 20-minute deliveries and thousands of SKUs with mega ...
1h
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 ...
13h
Swiggy IPO subscribed 34% so far on Day 2
Swiggy
IPO
has been subscribed 34 per cent or 0.34 times so far on the second day. The
IPO
opened on Wednesday saw a ...
3h
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 ...
3h
Swiggy IPO Day 2 Live Updates: Retail portion booked 82%
The initial public offering (IPO) of Swiggy Limited has garnered a tepid response from investors, with the subscription level reaching only 34% so far on the second day of bidding. On the first day, ...
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 ...
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