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Swiggy's $1.4 billion IPO oversubscribed as investors bet on quick-commerce boom
Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.
Swiggy IPO oversubscribed by 3.59x led by QIBs, employees
Swiggy's IPO oversubscribed 3.59 times, with a price band of ₹371-₹390 per share, aiming to boost quick commerce.
Swiggy IPO Day 3: Issue Subscribed 95.42% So Far Swiggy IPO Day 3: Issue Subscribed 95.42% So Far
The employee segment is still leading the way, seeing 1.34X subscriptions, with bids received for 10.05 Lakh shares against 7.50 Lakh offered
Swiggy's $1.4 billion India IPO fully sold as big investors swoop in
Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was fully subscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.
Swiggy IPO subscribed 3.6 times issue size on last day
Swiggy , with a size of ₹11,000 crore is the second largest IPO yet in fiscal 2025, after Hyundai’s more than ₹27,000 crore issue. The year also saw Bajaj Housing Finance’s whopping 63.3 times subscription, with QIBs subscribing 210 times the reserved number.
16h
Food-Delivery Platform Swiggy’s IPO Sold Out on Final Day
Indian food-delivery platform
Swiggy
Ltd.’s $1.3 billion initial public offering was fully sold on the final day of bidding ...
7h
Exclusive: India's probe finds Zomato, Swiggy breached antitrust laws, documents show
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition ...
Your Story
12h
Swiggy IPO: Issue gets 3.59 times subscribed buoyed by QIB interest, muted demand from NIIs
Sriharsha Majety-led
Swiggy
on Friday saw its public offer subscribed 3.59 times driven by strong demand from qualified ...
7h
Swiggy IPO subscribed 3.6x; over 90% bids from institutional investors
Food delivery major
Swiggy
’s initial public offering (IPO) garnered full subscription, driven by strong demand from ...
The New Indian Express
1h
Swiggy’s IPO draws strong interest but set for muted market debut
MUMBAI: The initial public offering (IPO) of
Swiggy
Limited saw significant demand, with the issue subscribed 3.59 times by ...
1h
on MSN
Swiggy IPO oversubscribed; CCI heat on food delivery firms
Swiggy
’s initial public offering (IPO), India’s second-largest this year, was oversubscribed on the final day. This and ...
Reuters on MSN
4h
Zomato, Swiggy food delivery businesses found breaching antitrust laws
India's antitrust body found food delivery giants Zomato and Swiggy violated competition laws with exclusivity contracts and ...
6h
Swiggy shares likely to make muted listing debut as GMP falls below 1%
Swiggy
's shares are expected to make a muted debut on November 13, as indicated by the latest trends in the grey market.
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