India's quick-commerce boom fueled Swiggy's $1.4 billion IPO

How India’s quick-commerce boom fueled Swiggy’s $1.4 billion IPO
While big ticket offerings have seen relatively muted responses, India’s IPO market has been buoyant, with about 290 companies raising nearly $14 billion so far this year, roughly twice the amount raised in all of last year, LSEG data showed.
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's $1.4 Billion IPO Oversubscribed as Investors Bet on Quick-Commerce Boom
Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.
Swiggy IPO Oversubscribed, Likely to Deliver in the Long Term
Swiggy launched its initial public offering (IPO) on November 6, 2024, with an opening price of INR 371-390 per share.
Swiggy's $1.4 billion India IPO fully sold as big investors swoop in
Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was fully subscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.
Live Mint on MSN1d
Swiggy IPO Day 3: Check GMP, subscription status, key dates, more. Should you apply on the last bidding day or skip?
Swiggy’s IPO, priced between ₹371-390, has garnered strong interest, raising ₹5,085.02 crore. The grey market premium today ...
Food-Delivery Platform Swiggy’s India IPO Sold on Final Day
Swiggy Ltd.’s $1.3 billion initial public offering was oversubscribed more than three times on Friday, driven by a late ...
Swiggy IPO allotment expected soon. Check status, GMP, listing date and other details
Swiggy's IPO share allotment is expected to be finalized later on Saturday. Shares will be allocated through a lottery system ...
The Week18h
Swiggy IPO: QIBs lead subscription, stock debut on November 13
With an oversubscription of 3.59 times its initial issue, food delivery aggregator Swiggy became the biggest consumer-tech ...
Swiggy IPO: Issue sails through on Day 3, QIB portion booked 4x; GMP further falls
Bengaluru-based Swiggy is selling its shares in the price band of Rs 371-390 apiece. Investors can apply for a minimum of 38 ...
Swiggy IPO oversubscribed by 3.59x led by QIBs, employees
Swiggy's IPO oversubscribed 3.59 times, with a price band of ₹371-₹390 per share, aiming to boost quick commerce.
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 ...
Business Insider India on MSN2d
Swiggy IPO subscribed to 2.13 times on last day of the offer
Swiggy's IPO closes today, having received strong interest from QIB and employees. The company aims to raise Rs 11,327 crore.
Business Today7h
Is Swiggy’s IPO worth your money? Aswath Damodaran dissects the hype, risks, and the Zomato factor
Valuation expert Aswath Damodaran, often called the “Dean of Valuation,” weighed in on Swiggy’s IPO, cautioning that this ...