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India's Swiggy sees shares jump about 8% on debut
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.
SoftBank-backed Swiggy's shares soar 15% on India market debut after stellar IPO
The company’s IPO, the country’s second-largest this year, was reportedly oversubscribed more than three times.
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion rupees.
inc42
20h
Swiggy Ropes In Ex-Lenskart Executive Supriya Shankar As VP Of Events
The appointment comes at a time when
Swiggy
’s rival Zomato is betting big on the going out vertical and plans to soon ...
2h
on MSN
What happens when Zomato CEO meets Swiggy founders? Deepinder Goyal says it is not business talk
Deepinder Goyal, in a podcast interview on The Ranveer Show, discussed his cordial relationship with Swiggy co-founders and ...
2d
on MSN
Prosus eyes PayU IPO in 2025 after stellar Swiggy listing
Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India. On Wednesday it ...
2d
Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in one of the best debuts for a large initial public offering this year, ...
inc42
1d
Swiggy Shares Tumble Over 5% In Second Trading Session
The stock rallied over 7% in the second trading session to hit an intraday high of INR 489.25 on the BSE. However, it shed ...
7d
Exclusive: India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition ...
2d
on MSN
Prosus Gains $2 Billion on Swiggy Investment with IPO Value
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues ...
11h
on MSN
Swiggy 500 employees become 'crorepatis'; Company unlocks Rs 90000000000 worth of ESOPs in IPO, Zomato’s Ceo says…
The Rs 11,327-crore initial public offer of Swiggy got fully subscribed on the final day of the share sale on Friday, ending ...
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