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.

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.

As per BSE data available on Wednesday, the employee portion has received 74 per cent subscription as of 5 pm, while the category reserved for retailers has seen 54 per cent subscription.

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 Limited, India’s leading food delivery and quick commerce platform, opened its initial public offer (IPO) for subscription on. The IPO, open for subscription until November 8, is expected to attract substantial interest from retail and institutional investors eager to participate in Swiggy’s growth story as it aims to raise Rs 11,

Food delivery giant, Swiggy, has launched its much-anticipated initial public offering (IPO), valued at ₹11,327.43 crores. The IPO opened for subscription on November 6 and is set to close on November 8.

The Initial Public Offering ( IPO ) of food delivery major Swiggy has opened today on November 6 with the startup planning to raise more than Rs 11,000 crore. Domestic stock markets which are facing strong volatility ahead of US Presidential Elections 2024,

Swiggy's IPO saw a lukewarm response on its first day, with overall subscriptions reaching 9%. Despite a grey market premium, analysts are divided on the company's prospects due to its history of losses and stiff competition.