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 ...
The Swiggy IPO subscription period closed on November 8, and the allocation status will be revealed on Monday, November 11. The applicants can visit the websites of BSE, NSE or the registrar Link ...
India's antitrust watchdog, the Competition Commission of India (CCI), is investigating food delivery giants Zomato and Swiggy for alleged anti-competitive practices. Zomato's shares fell 3% ...
Swiggy competes with other players across its primary business segments, which are food delivery, out-of-home consumption, and quick commerce. In the food delivery sector, Swiggy competes with ...
Swiggy shares are likely to be allotted to successful bidders on November 11 after the Rs 11,327-crore initial public offer (IPO) got subscribed 3.59 times in a three-day window between November 6-8.
Swiggy is valuing itself at $11.3 billion in its IPO. Macquarie Capital estimates Swiggy's food order values in 2024-25 will be $3.3 billion, roughly 25% below Zomato's.
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 ...
Swiggy GMP price status: The company raised a sum of Rs 5,085.02 crore from anchor investors. (Image: imagine.art) Swiggy IPO is likely to list on November 13, but the company’s grey market ...
NEW DELHI, Nov 8 (Reuters) - An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy (SWIG.NS), opens new tab breached competition laws, with their ...
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 ...
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 ...
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 ...