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Swiggy’s Shares Jump in India’s 2nd-Largest IPO This Year
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,
Swiggy’s Shares Jump in India’s Second-Largest IPO This Year
Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.Its shares rose as much as 15% from its offer price to 448.
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.
AFAQS
1d
Zomato's heartwarming response to Swiggy's IPO steals the show
This is particularly piquant when one considers that just weeks ago, Swiggy insisted that Zomato CEO Deepinder Goyal, shouldn ...
6d
Exclusive: India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition ...
1d
on MSN
Swiggy IPO: ‘Paise tera bhai dega’ says Paytm as Zomato shares wholesome post
“it's giving jai and veeru” Swiggy commented in the viral Zomato post. Paytm also jumped in the banter and left a witty ...
money.rediff
2d
Zomato CEO Congratulates Swiggy on IPO
Couldn't have asked for a better company to serve
India
with..," Goyal said in a post on X, tagging another post by ...
2d
Swiggy's IPO debut tests demand for rapid-delivery firms in India
According to CLSA, these firms are set to top $78 billion in combined gross orders within a decade, potentially affecting ...
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