Food delivery platform Swiggy's IPO received a lukewarm response on its first day, reaching only 12% subscription. The company aims to raise ₹11,327 crore, with ₹5,085 crore already secured ...
Swiggy's IPO has allocated 75% of the shares in the public offering for qualified institutional buyers (QIB), with 15% set aside for non-institutional investors (NII), and 10% reserved for retail ...
Swiggy IPO Day 2 Updates: The initial public offer of Swiggy IPO has been subscribed 35% on the second day of subscription today, as per BSE data. The initial share sale received bid for 5,57,09 ...
Swiggy CEO Rohit Kapoor expressed confidence in the company's growth within the quick commerce market despite increasing competition. He emphasized that success in this sector requires more than ...
Food and grocery delivery firm Swiggy’s $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of India’s second ...
Swiggy Ltd.’s $1.3 billion initial public offering was subscribed more than three times on Friday, driven by a late surge in demand from large investors for the Indian food-delivery platform ...
Nov 8 (Reuters) - Food and grocery delivery firm Swiggy's (SWIG.NS), opens new tab $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with ...
Food delivery and grocery major Swiggy’s initial public offering has been oversubscribed by 3.59 times after a tepid response in the first two days. The qualified institutional buyers (QIBs ...
Swiggy’s ₹11,327.43 crore IPO raises significant concerns as the food delivery platform has reported continuous losses since its 2014 inception, according to SAMCO Securities’ analysis.
Swiggy and Zomato are reportedly in breach of competition laws, favouring certain restaurants in the country, says a CCI report. The Competition Commission of India (CCI) said in its non-public ...
An investigation by the Competition Commission of India (CCI) found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring ...