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.
Swiggy delivers 17% surge in debut as investors bet on Indian quick commerce
BENGALURU (Reuters) -SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery delivery firms as shoppers increasingly go online and want fast deliveries.
Swiggy’s Shares Jump in India’s Second-Largest IPO This Year
Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.
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SoftBank-Backed Swiggy to Debut in India After Mega $1.3 Billion IPO
Swiggy is set to debut on the Indian stock markets. The $1.3 billion initial public offering is one of the few $1 billion-plus listings in India this year. It was one of the first companies that expanded beyond food delivery to quick commerce.
Swiggy's shares jump 15% in Indian debut, value company at $11.9 billion
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy jumped nearly 15% in their trading debut on Wednesday, bucking weakness in the broader market and a better performance than some analysts had predicted for the loss-making firm after its $1.
India delivery app Swiggy shares gain on market debut
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit
Swiggy’s IPO Debut Tests Demand for India’s Rapid-Delivery Firms
Swiggy Ltd.’s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India’s burgeoning quick-commerce sector.
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.
Swiggy market debut fuels India’s food, quick commerce wars
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato.
Swiggy defies weak market in strong India debut
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's ...
Swiggy Share Price Live Updates: Check latest GMP, experts view on share listing premium
Swiggy IPO listing date today: Swiggy's shares will begin trading today at 10:00 IST, with a subscription rate of 3.59 times ...
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Swiggy Shines Amid Bloodbath In New-Age Tech Stocks
Twenty seven out of the 29 new-age tech stocks under Inc42's coverage fell in a range of 0.22% to over 16% today.
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Swiggy shares close up 17 per cent, market cap crosses Rs 1-lakh crore mark
Swiggy’s IPO subscription had started on a tepid note last week, where its Rs 11,327-crore issue got subscribed 3.59 times, ...
Swiggy Share Price & IPO Listing Highlights: Swiggy shares surge 10% after listing at premium on NSE, BSE
Swiggy Stocks Today, Swiggy IPO Listing Highlights 13 Nov 2024: Swiggy stock is all set for market debut today. The IPO was ...
Swiggy's listing surprised investors; here's what analysts have to say on valuation compare with Zomato
Shares of the food and quick-commerce platform got listed at a premium of 7.69 per cent at Rs 420 as against their issue ...
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Swiggy Share Price IPO Listing 2024 Highlights: Swiggy makes positive debut, closes 10.5% higher
Swiggy Share Price, IPO Listing, Swiggy IPO Subscription Status Highlights: The company raised Rs 945.40 crore from anchor ...
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Swiggy’s Stock Market Debut Turns 500 Employees Into 'Crorepatis' With Rs 9,000 Crore In ESOPs
Swiggy's initial public offering (IPO) had set the price band between Rs 371 and Rs 390 per share, marking a significant ...