Swiggy’s IPO Debut Tests Demand for India’s Rapid-Delivery Firms
1 day ago · 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. The food-delivery firm’s $1.3 billion ...
Swiggy IPO allotment status released: What GMP indicates ahead …
2 days ago · By HT News Desk. Nov 12, 2024 12:10 PM IST. The Swiggy IPO got a fairly sluggish response, subscribed just over three times, mostly by institutional investors on the last day, just like the ...
Swiggy’s public debut will test India’s appetite for $1B+ IPOs
3 days ago · 4:16 AM PST · November 11, 2024. Swiggy’s upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to be the Indian internet stock: Zomato ...
Swiggy's $1.4 Billion IPO Oversubscribed as Investors Bet on …
6 days ago · REUTERS/Francis Mascarenhas/File Photo. By Hritam Mukherjee. (Reuters) -Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as institutional ...
Swiggy’s $1.3 Billion India IPO Sold on Final Day - Bloomberg
6 days ago · Swiggy Ltd.’s $1.3 billion initial public offering was subscribed more than three times on Friday, driven by a late surge in demand from large investors for the Indian food-delivery platform.
Swiggy's $1.3 Billion IPO Is Fueled by 13-Minute Deliveries
3 days ago · Bloomberg News. On a summer afternoon in 2020, Sriharsha Majety logged into an investor call at food-delivery startup Swiggy Ltd. ’s Bengaluru headquarters and pitched a business idea: lightning-fast grocery deliveries. Some investors were skeptical and talks turned heated. India was in the thick of Covid lockdowns, and the online grocery ...
How India's quick-commerce boom fueled Swiggy's $1.4 billion IPO
5 days ago · Swiggy's IPO received bids for more than three times the shares on offer at the end of the last day of bids. ... 11-08-2024 NEWS. How India’s quick-commerce boom fueled Swiggy’s $1.4 billion IPO.
Swiggy IPO: A compelling bet on hyperlocal commerce? Analysts …
Nov 6, 2024 · Rajan Shinde, Research Analyst at Mehta Equities, has recommended investors subscribe to the Swiggy IPO for a long-term perspective. According to Shinde, Swiggy’s continuous expansion in hyperlocal commerce, evident through its increased dark store footprint and faster delivery times, reinforces its leadership in convenience and service quality.
India's Swiggy likely to price $1.35 bln IPO at 371-390 …
Oct 29, 2024 · Indian food delivery giant Swiggy SWIG.NS will likely price its $1.35 billion domestic initial public offering, which opens next week, at 371-390 rupees per share ($4.41-$4.64), sources with...
Swiggy shareholders give nod to $1.2-billion IPO: What we know …
Swiggy IPO: Swiggy received approval from shareholders for a $1.2-billion initial public offering (IPO), as per regulatory filings with the registrar of companies (RoC), Moneycontrol reported.
- Some results have been removed