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India's Swiggy sees shares jump about 8% on debut
India delivery app Swiggy shares gain on market debut
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit concerns.
Swiggy Share Price IPO Listing 2024 Highlights: Swiggy makes positive debut, closes 10.5% higher
Swiggy Share Price, IPO Listing, Swiggy IPO Subscription Status Highlights: The company raised Rs 945.40 crore from anchor investors by selling 315.13 million shares.
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 defies weak market in strong India debut
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in India this year,
11h
Shy Swiggy CEO Sriharsha Majety makes a rare appearance on IPO listing, says the app was actually a forgotten college idea
Swiggy, the food delivery giant, debuted on the stock market. CEO Sriharsha Majety, usually media-shy, marked the occasion ...
8h
on MSN
Swiggy invites delivery partners to ring the listing bell: ‘Sharing gratitude’
The shares of Swiggy Ltd were listed at ₹420 on the NSE, a 7.7% premium over the ₹390 issue price and it opened at ₹412 on ...
Mint
1h
Swiggy shares list at ₹420 on NSE, opening 7.7% above IPO price in a highly anticipated debut
The foreign brokerage acknowledged
Swiggy
's significant growth potential but noted that its path to profitability could be ...
13h
Macquarie initiates 'underperform' call on Swiggy ahead of its listing today
As per Macquarie, the company's QC is more complex, with no sustainable economic profits. Expects the group's EBIT breakeven ...
The Financial Express
13h
Will Swiggy IPO be a Hit or a Miss on listing day? A detailed analysis of Swiggy’s valuation
Swiggy's valuation is seen as a key positive when compared with currently listed entities in the fast food delivery segment.
Business Standard
12h
Swiggy shares make positive debut on bourses; list at 8% premium on NSE
Swiggy
is an online food and grocery delivery platform that offers users a convenience platform accessible through a ...
10h
Swiggy’s Stock Market Debut Triggers Hilarious Memefest; Reacts To Zomato’s Congratulatory Tweet
Congratulations Swiggy Limited on getting listed on NSE today. Swiggy Limited provides its users with an easy-to-use platform ...
7h
on MSN
Swiggy shares at Rs 470 or Rs 325? What's next for the stock as mcap hits Rs 1L cr mark
Shares of Swiggy Ltd pulled off a surprise at its Dalal Street debut on Wednesday as the stock listed at a mild premium at ...
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