SoftBank-Backed Swiggy to Debut in India

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SoftBank-Backed Swiggy to Debut in India After Mega $1.3 Billion IPO
Swiggy is set to debut on the Indian stock markets. The $1.3 billion initial public offering is one of the few $1 billion-plus listings in India this year. It was one of the first companies that expanded beyond food delivery to quick commerce.
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.
Swiggy shares debut on NSE at Rs 420 apiece, nearly 8% premium over IPO price
Swiggy operates in India's rapidly growing online food delivery and quick commerce sectors, which have seen significant expansion.
Swiggy’s IPO Debut Tests Demand for India’s Rapid-Delivery Firms
Swiggy Ltd.’s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India’s burgeoning quick-commerce sector.
Swiggy IPO: ₹11,327 cr listing makes 500 employees 'crorepatis'
As Swiggy raises ₹11,327 cr in India’s 2nd-largest IPO, 500 employees stand to earn ₹1 cr each from a ₹9,000 cr ESOP payout
Swiggy's shares jump in trading debut after $1.4 billion IPO
Shares of Indian food and grocery delivery firm Swiggy debuted 7.7% higher in pre-open trade on Wednesday, after institutional investors led its $1.4 billion initial public offering to be oversubscribed by more than three times last week.
Swiggy IPO Listing Price Prediction Today: Shares to debut tomorrow; Check latest GMP
Swiggy shares are set to be listed on the bourses tomorrow, November 12. The IPO, which was subscribed by 3.6 times by the final day, is the country’s second-largest IPO this year after Hyundai Motor India.
Swiggy IPO allotment status out. What GMP signals ahead of share listing date
Swiggy IPO allotment status can be checked online by logging in at the official BSE website or the official website of its registrar Link Intime
Swiggy market debut fuels India’s food, quick commerce wars
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India's ...
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India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
The lead bookrunners for this IPO included Kotak Mahindra Capital, J.P. Morgan India, and Citigroup Global Markets India.
Macquarie initiates coverage on Swiggy with 'Underperform', price target Rs 325 per share, says cautious on valuations
Sandeep Bhatia said that while Swiggy and Zomato are interesting businesses, investors need to pay heed to the unit economics ...
'You and I... In this beautiful world': Zomato showers love on rival Swiggy's market debut
Shared on LinkedIn, Zomato's post resonated with many, emphasising upon the spirit of healthy competition and mutual respect ...
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Swiggy pre-open trade: Shares jump in trading debut after $1.4-billion IPO
Shares of Indian food and grocery delivery firm Swiggy debuted 7.7 per cent higher in pre-open ... The stock listed at ₹420 ...
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Swiggy Shares Make Debut On Bourses; List At 8% Premium
Swiggy’s early backers Accel India and Elevation Capital will pocket more than 34X returns by selling a portion of the ...
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Prosus catches a moment of relief in India
MUMBAI, Nov 12 (Reuters Breakingviews) - Prosus (PRX.AS), opens new tab is receiving a long-awaited parcel of returns in ...
Swiggy’s Rs 9,000-crore Esop windfall; SoftBank’s Rajeev Misra to exit
Swiggy employees are set to cash in as the food delivery majors IPO unlocks a whopping Rs 9,000 crore in Esops. This and more ...