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India's Swiggy sees shares jump about 8% on debut
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion rupees.
Swiggy’s IPO Debut Tests Demand for India’s Rapid-Delivery Firms
Swiggy Ltd.’s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India’s burgeoning quick-commerce sector.
35m
on MSN
Swiggy market debut fuels India’s food, quick commerce wars
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India's ...
The Financial Express
22m
Swiggy IPO listing: Swiggy makes quiet debut, lists at 7.7% premium on NSE
The company was neither fetching a premium nor a discount in the grey market. However, the company’s grey market premium ...
inc42
5h
Swiggy Shares Make Debut On Bourses; List At 8% Premium
Shares of
Swiggy
made their stock market debut today (November 13), listing at INR 420 on the NSE, a premium of nearly 8% ...
28m
Macquarie initiates coverage on Swiggy with 'Underperform', price target Rs 325 per share, says cautious on valuations
Sandeep Bhatia said that while Swiggy and Zomato are interesting businesses, investors need to pay heed to the unit economics ...
Fortune India
1h
Swiggy IPO: ₹11,327 cr listing makes 500 employees 'crorepatis'
As Swiggy raises ₹11,327 cr in India’s 2nd-largest IPO, 500 employees stand to earn ₹1 cr each from a ₹9,000 cr ESOP payout ...
2h
Swiggy Share Price & IPO Listing Live: Swiggy shares list at 7.6% premium on NSE
Swiggy stock is all set for market debut today. The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised ...
Mint
1h
Swiggy shares list at ₹420 on NSE, opening 7.7% above IPO price in a highly anticipated debut
Swiggy
's initial public offering (IPO), valued at ₹11,327.43 crore, was open for subscription from November 6 to November 8 ...
2h
on MSN
Prosus Gains $2 Billion on Swiggy Investment with IPO Valuation
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues ...
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