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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.
The Financial Express
27m
Swiggy IPO listing: Swiggy makes quiet debut, lists at 7.7% premium on NSE
This drop in GMP can be attributed to volatility in Indian equity markets. The
IPO
was opened on November 06 and closed on ...
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, ...
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 ...
38m
on MSN
Swiggy’s IPO to unlock Rs 9,000 crore in Esop wealth for 5,000 employees
Swiggy on Wednesday listed with a 7.69% premium over its IPO price of Rs 390 on NSE at Rs 420. It debuted with a premium of 5 ...
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 ...
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 ...
Hindustan Times on MSN
1h
Swiggy’s reclusive CEO Sriharsha Majety makes rare public appearance on IPO day
Around 5,000
Swiggy
employees will become crorepatis today as the company makes its stock market debut. According to a ...
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