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.

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.

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 price band has been fixed at ₹371 to ₹390 per share. Swiggy IPO: The initial public offering (IPO) of food and grocery delivery giant Swiggy is set to hit Dalal Street on November 6. The company plans to raise more than ₹11,000 crore from ...

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,

The initial public offering (IPO) of Swiggy opened for subscription today and has garnered 8% subscription by 1 pm. The food delivery and quick-commerce company has received bids for 1.24 crore shares out of the 16 crore shares available,

Swiggy is set to launch its initial public offering on Wednesday, allowing investors to subscribe until Nov. 8. As of 5:03 a.m. on Wednesday, the company's shares were trading with a grey market premium of Rs 12, representing 3.08% premium over the upper end of the price band set at Rs 390.

Food delivery giant Swiggy is planning to raise about Rs 11,327.43 crore to invest in R&D and expand its quick commerce business with its latest IPO. Moreover, Swiggy is offering its upcoming IPO at a lower valuation of $11.