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Swiggy IPO: Tepid Grey Market Premium Reflects Mixed Market Sentiment; Check Key Dates & Details
Swiggy’s upcoming IPO has sparked interest among investors, but the grey market premium (GMP) suggests only modest listing gains amidst a broader market downturn. Despite some improvement in its GMP since last week,
Swiggy IPO Live Updates: Swiggy IPO opens for subscription Check Latest GMP, Review, Price and Other Details
Swiggy grey market premium (GMP) is currently at 5%, or Rs 20, in the unlisted market, just a day before its initial public offering (IPO) opens on November 6. The subscription period for the IPO will run until November 8.
Swiggy IPO Subscribed 4% So Far On Day One, Check GMP
The grey market premium of Swiggy was Rs 12 as of 7:58 a.m. on Nov. 6, implying a 3.08% gain over the IPO price, according to Chittorgarh's unit InvestorGain. The estimated listing price based on the GMP is Rs 402 per share.
LIVE
Swiggy IPO Day 1 Live Update: Check out GMP, review, key dates, other details as issue opens today
The shares of the Bengaluru-based firm will be open for public subscription at a price range of ₹371 to ₹390 from November 6 to November 8. This offering takes place alongside several recent IPOs.
Swiggy IPO subscribed 5% so far on first day of bidding process. Check GMP and other key details
Swiggy's IPO saw a lukewarm response on its first day, with overall subscriptions reaching only 5%. Despite a grey market premium, analysts are divided on the company's prospects due to its history of losses and stiff competition.
Swiggy IPO Opens Tomorrow: Check Latest GMP, Price Band, Key Dates And Other Details
Swiggy has announced an IPO to raise Rs 11,327.43 crore, comprising a fresh issue and an offer for sale. Priced between Rs 371-390 per share, the offering opens on November 6, 2024, and closes on November 8.
LIVE
Swiggy IPO Day 1 Live Updates: Issue opens for subscription; check GMP & other key details
The Bengaluru-based firm's initial public offer opened for subscription in a price range of ₹371 to ₹390 today. This offering takes place alongside several recent IPOs.
1h
on MSN
Swiggy $1.4 billion IPO opens for orders as Indian stocks lose some of their appeal
Indian food and grocery delivery firm Swiggy is expected to see just modest demand from retail investors for its $1.4 billion ...
27m
Swiggy IPO makes lackluster start: subscription at 7% so far, GMP 3%
Analysts weigh in Meanwhile, the unlisted shares of
Swiggy
were trading at a
premium
of Rs 12 against the upper end of ...
1d
on MSN
Swiggy IPO: GMP at 5% in unlisted market, indicates muted listing gains
The company has fixed a price band of Rs 371-390 per share for the IPO, which means that the investors are willing to pay ...
Outlook Business
1d
Swiggy IPO Shares Trade at Nearly 4% Premium in Grey Market Ahead of Listing
The food delivery giant plans to use the proceeds towards investment in the material subsidiary, Scootsy, and to build ...
6h
India's stock market has a rising local flavour
Swiggy is living up to its reputation for doing things quickly. The Indian food and grocery delivery company backed by Prosus ...
1h
Swiggy $1.4 bn IPO opens for orders as Indian stocks lose some appeal
Mahesh Ojha, assistant vice president of research & business development at Hensex Securities, notes that
Swiggy
's
grey
...
2h
on MSN
Swiggy IPO hits markets today after raising ₹5,085.02 crore via anchor investors
Bidding for the food delivery giant's IPO will remain open till Friday, November 8, 2024, and its grey market premium today ...
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