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 shares listed at a 5.6 per cent premium to its IPO price of Rs 390, making the food delivery giant the first company with issue of over Rs 10,000 crore in the past decade to have listed above t

The listing comes close on the heels of Hyundai Motor India's $3.3 billion IPO in October, India's largest listing. Swiggy shares allocated to qualified institutional buyers were subscribed more than six times, according to Mint, while the portion given to ...