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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
Shares of Indian food delivery giant Swiggy rose over 9% on their trading debut. The company raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday.Shares of Indian food delivery giant Swiggy soared over 9% on their trading debut Wednesday after a stellar IPO — the country's second-largest this year.
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
41m
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 ...
12m
Rs 325 or Rs 470? Swiggy share price targets leave investors confused after listing
Swiggy's IPO debuted with an 8% premium, drawing mixed views from analysts. Macquarie sees downside risk, while JM Financial ...
newsbytesapp.com
11m
Swiggy shares debut at ₹420, 8% premium over IPO price
Swiggy
's
IPO
has received a strong response from investors, with the allotment for the public issue concluding on Monday.
19m
‘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 ...
Hindustan Times
13m
Zomato gives ‘Jai and Veeru’ vibes with special meme for rival Swiggy on IPO day
Zomato took to X and Instagram to share a meme for
Swiggy
on
IPO
day. The meme has gone viral. Zomato has shared a ...
51m
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 ...
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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