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.
Speaking on the competitive dynamics, Kapoor said that while funding is important, it is not the sole determinant of long-term success.
As the highly anticipated tech-driven online food delivery giant Swiggy's IPO heats up, the issue of on the second day of its bidding was subscribed 35 per cent. The food delivery and quick-commerce ...
Food delivery and quick-commerce major Swiggy's initial public offering (IPO) received 35% subscription on day two of the ...
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 ...
Swiggy Instamart is doubling down on non-grocery, a mix of 10-minute and 20-minute deliveries and thousands of SKUs with mega ...
Swiggy plans to use the proceeds of IPO to expand its dark store network, make further investments in Scootsy, fund ...
Swiggy IPO continued to see a tepid response from investors on the second day of bidding on Thursday. The Rs 11,327 crore IPO ...
Reflecting on Swiggy’s experience in the evolving food delivery landscape, the company noted that agility and rapid ...
Swiggy, facing competitive threats such as Jio's potential market entry, emphasizes that capital alone doesn't equate to success in the hyperlocal delivery sphere. CEO Rohit Kapoor stresses the ...
Swiggy launched its IPO at a reduced valuation of $11.3 billion, down from its earlier target of approximately $15 billion. The company aims to raise around Rs 11,300 crore through the offering, which ...