India's Swiggy defies weak market in largest 2024 tech IPO globally
1 day ago · Shares of Swiggy ended debut day up 10.67% at ₹455.95 ($5.4) on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. The closely watched ...
Swiggy's shares jump in trading debut after $1.4 billion IPO
1 day ago · Nov 13 (Reuters) - Shares of Indian food and grocery delivery firm Swiggy (SWIG.NS) debuted 7.7% higher in pre-open trade on Wednesday, after institutional investors led its $1.4 billion initial ...
Swiggy IPO: Swiggy’s IPO to unlock Rs 9,000 crore in Esop …
2 days ago · 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 5.64% at Rs 412 on BSE. The company's listing is poised to unlock Rs 9,000 crore worth of employee stock option plans and catapult nearly five hundred employees at the food delivery company into the ‘crorepati’ league, people aware of the details told ET. An estimated ...
Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
1 day ago · The food-delivery firm’s shares closed 17% higher than the offer price of 390 rupees, despite a broader market selloff. The listing valued the company just over $12 billion. The $1.3 billion ...
Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing
17 hours ago · Elevation Capital made a seed investment in Swiggy back in 2014 after meeting over 50 startups in the food delivery space. “But within the first few minutes of our conversation, it was clear that this was going to be different,” Arora added. Swiggy now works with more than 220,000 restaurant partners and stores in over 680 cities in India.
Swiggy Share Price & IPO Listing Highlights: Swiggy shares surge …
1 day ago · Swiggy Stocks Today, Swiggy IPO Listing Highlights 13 Nov 2024: Swiggy stock is all set for market debut today. The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh ...
Swiggy IPO: Early investors clock big gains as Swiggy makes Dalal ...
20 hours ago · Food and grocery delivery major Swiggy’s $1.3-billion IPO and its better-than-expected stock market debut have emerged one of the largest liquidity events for risk investors in India, with early backers like Prosus, Accel, Elevation Capital and SoftBank reaping significant gains. While existing shareholders sold stocks worth Rs 6,400 crore in the offer-for-sale (OFS) to book a big profit on ...
Swiggy Latest Updates: Shares Debut in India After Mega IPO
1 day ago · SoftBank-Backed Swiggy to Debut in India After Mega $1.3 Billion IPO. Shares to start trading at 10 a.m. India time after $1.3 billion IPO; ... Indian IPOs since 2019 that raised more than $1 ...
Swiggy’s public debut will test India’s appetite for $1B+ IPOs
2 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 IPO a success story for Digital India, says Prosus
1 day ago · Prosus and controlling shareholder Naspers had invested $1.3 billion for a 31% stake in Swiggy. The IPO has delivered $2.8 billion for Prosus' stake in Swiggy, pegging the return at over 2 billion ...
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