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India, Swiggy and IPO
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.
India’s Swiggy defies weak market in largest 2024 tech IPO globally
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,
How India’s quick-commerce boom fueled Swiggy’s $1.4 billion IPO
While big ticket offerings have seen relatively muted responses, India’s IPO market has been buoyant, with about 290 companies raising nearly $14 billion so far this year, roughly twice the amount raised in all of last year, LSEG data showed.
7d
Swiggy’s $1.3 Billion India IPO Sold on Final Day
Swiggy Ltd.’s $1.3 billion initial public offering was subscribed more than three times on Friday, driven by a late surge in ...
Hosted on MSN
1d
Swiggy delivers 17% surge in debut as investors bet on Indian quick commerce
signalling growing investor confidence in
food
and
grocery
delivery
firms as shoppers increasingly go online and want ...
Opinion
2d
Opinion
Delivery Diaries: Size does matter, in both life and food deliveries
Majority of bulk and large orders are post 6 pm, which reinforces the idea that unlike the West, dinner is the main meal for ...
9d
Indian Railways To Launch Super App With Ticketing, Tracking, Food Delivery; Internet Jibes ‘Tatkal Fir Bhi Miss Hoga’
#IndianRailways is set to introduce a comprehensive #MobileApp as a single platform for various passenger services. Here's ...
1d
on MSN
Prosus And Tencent Reap Billions From Swiggy's Stellar IPO Debut
It rained billions of dollars for global investment group Prosus and Chinese conglomerate Tencent as they raked in the moolah ...
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