Swiggy Delivers 17% Surge in Debut as Investors Bet on Indian …
2 days ago · Swiggy's shares bucked a sharp selloff in the broader Indian markets and recorded a better first-day performance than some analysts had predicted for the loss-making firm after its $1.4 billion ...
Swiggy delivers 17% surge in debut as investors bet on Indian …
2 days ago · Swiggy valued at $12 bln after surging on debut; Investors bet on quick-commerce, food delivery boom; Broader markets sell off sharply; $1.4 bln IPO saw strong response from large investors
Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing
2 days ago · Swiggy’s listing has provided a strong exit for several early investors. Prosus, one of the company’s largest investors, has reaped around $2 billion. The company’s senior leadership confirmed that they invested $1.3 billion in Swiggy to build their stake to 31 per cent.
India's Swiggy defies weak market in largest 2024 tech IPO globally
2 days ago · In the run-up to the $1.4 billion IPO, Swiggy set its valuation at $11.3 billion, a notably conservative figure given that Zomato recently hit a market-cap high ... Trump is bad news for Hungary ...
Swiggy gains 6.7% on IPO debut after $1.3 billion initial share sale
1 day ago · Swiggy gains 6.7% on IPO debut after $1.3 billion initial share sale Company’s $1.3 billion IPO was subscribed over three times Published: November 14, 2024 09:55 Bloomberg
India's Swiggy sees shares jump about 8% on debut after …
2 days ago · The IPO comprised both an offer for the sale of existing shares, worth 68.28 billion rupees, and a fresh issue of shares, worth 44.99 billion rupees. Get Tri-state area news delivered to your inbox.
Swiggy IPO Day 3 LIVE Updates: Issue booked 3.59 times led by
Nov 8, 2024 · Swiggy IPO Day 3 LIVE Updates: The company aims to raise ₹11,327 crore from the IPO, which will include a fresh issue of shares valued at ₹4,499 crore alongside an offer for sale (OFS) of ...
Swiggy’s $1.3 Billion India IPO Sold on Final Day - Bloomberg
Nov 8, 2024 · Swiggy Ltd.’s $1.3 billion initial public offering was subscribed more than three times on Friday, driven by a late surge in demand from large investors for the Indian food-delivery platform.
From staff to millionaires: Swiggy IPO to make 500 employees
2 days ago · Swiggy made its stock market debut on November 13, listing at ₹420, a 7.7% premium over its IPO price. The move is expected to benefit around 5,000 employees through ESOPs, with nearly 500 ...
Swiggy Cuts IPO Valuation Again, to $11.3 Billion ... - U.S. News
Oct 27, 2024 · NEW DELHI (Reuters) - Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of $15 billion as market volatility and the lacklustre ...
- Some results have been removed