India's Swiggy delivers 2024's largest tech IPO globally
4 days ago · Shares of Swiggy ended debut day up 10.67% at ₹455.95 ($5.4) on Wednesday as the food-delivery and quick-commerce startup concluded India’s second-largest IPO this year.
Swiggy delivers 17% surge in debut as investors bet on Indian …
4 days ago · Swiggy valued at $12 bln after surging on debut; Investors bet on quick-commerce, food delivery boom; Broader markets sell off sharply; $1.4 bln IPO saw strong response from large investors
Swiggy Delivers 17% Surge in Debut as Investors Bet on Indian …
4 days ago · Swiggy's shares bucked a sharp selloff in the broader Indian markets and recorded a better first-day performance than some analysts had predicted for the loss-making firm after its $1.4 billion ...
Swiggy gains 6.7% on IPO debut after $1.3 billion initial share sale
3 days ago · Company’s $1.3 billion IPO was subscribed over three times. Mumbai: Swiggy Ltd.'s shares rose in their Mumbai debut, signaling a vote of confidence for large initial public offerings in India ...
Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing
3 days ago · Prosus has invested more than $8 billion in some of India’s best-known digital companies, including Swiggy, Urban Company, and Meesho, along with many promising early-stage startups. Swiggy’s IPO is the latest success story for Digital India.”. Some of Swiggy’s initial investors have seen returns of 3x to 35x since the company’s listing.
Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
4 days ago · The food-delivery firm’s shares closed 17% higher than the offer price of 390 rupees, despite a broader market selloff. The listing valued the company just over $12 billion. The $1.3 billion ...
Swiggy IPO: Early investors clock big gains as Swiggy makes Dalal ...
3 days ago · Food and grocery delivery major Swiggy’s $1.3-billion IPO and its better-than-expected stock market debut have emerged one of the largest liquidity events for risk investors in India, with early backers like Prosus, Accel, Elevation Capital and SoftBank reaping significant gains. While existing shareholders sold stocks worth Rs 6,400 crore in the offer-for-sale (OFS) to book a big profit on ...
From staff to millionaires: Swiggy IPO to make 500 employees
4 days ago · Swiggy made its stock market debut on November 13, listing at ₹420, a 7.7% premium over its IPO price. The move is expected to benefit around 5,000 employees through ESOPs, with nearly 500 ...
India's Swiggy sees shares jump about 8% on debut after …
4 days ago · The IPO comprised both an offer for the sale of existing shares, worth 68.28 billion rupees, and a fresh issue of shares, worth 44.99 billion rupees. Get Tri-state area news delivered to your inbox.
How Swiggy’s IPO Has Made Hundreds Of Its Employees
3 days ago · Hundreds of Swiggy employees are set to become millionaires after the food delivery aggregator made a successful debut in the stock market on November 13, with shares listed at Rs 420 on the National Stock Exchange (NSE), reflecting a 7.7% premium over its IPO price of Rs 390.. On the Bombay Stock Exchange (BSE), Swiggy’s shares opened at Rs 412, marking an increase of 5.64% from the IPO price.
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