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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.
40m
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 ...
5m
‘You and I... In this beautiful world,’ Zomato celebrates Swiggy’s IPO with heartfelt tweet
Zomato sent a heartfelt tweet to rival Swiggy as the latter debuted on the Bombay and National Stock Exchanges. The post, ...
Your Story
2m
Dalal Street welcomes Swiggy; stock lists at 8% premium on NSE
Foodtech major
Swiggy
listed its shares on the National Stock Exchange (NSE) on Wednesday at Rs 420, which is nearly an 8% ...
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% ...
35m
'You and I... In this beautiful world': Zomato showers love on rival Swiggy's market debut
Shared on LinkedIn, Zomato's post resonated with many, emphasising upon the spirit of healthy competition and mutual respect ...
33m
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 ...
Mint
40m
Swiggy Share Price Live Updates: Stock slips into red after opening with 7.69% premium at ₹420 on NSE
Premium
Swiggy
Share Price Live Updates:
Swiggy
IPO listing date is set for today (Wednesday, November 13) at 10:00 IST ...
32m
on MSN
Swiggy's stock surges on debut, lists 7.7% above issue price at Rs 420 on NSE
Swiggy, the food and grocery delivery company, experienced a successful stock market debut on Wednesday. Shares opened at a 7 ...
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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