Swiggy IPO Day 2 Updates: The initial public offer of Swiggy IPO has been subscribed 35% on the second day of subscription today, as per BSE data. The initial share sale received bid for 5,57,09 ...
Food delivery platform Swiggy's IPO received a lukewarm response on its first day, reaching only 12% subscription. The company aims to raise ₹11,327 crore, with ₹5,085 crore already secured ...
Swiggy, established in 2014, has evolved from a food delivery startup to a multi-service platform additionally offering grocery delivery, meal planning, and cloud kitchens. Swiggy’s IPO is ...
Swiggy CEO Rohit Kapoor expressed confidence in the company's growth within the quick commerce market despite increasing competition. He emphasized that success in this sector requires more than ...
Swiggy, whose initial public offering opened or public bidding today, November 6, saw its average monthly transacting restaurant partners for food delivery rise to 223,671 in the quarter endied ...
Swiggy boasts a strong brand, innovative business model, and a rapidly growing user base. However, intense competition and rising costs pose challenges. The issue opens on Wednesday, 6 November ...
Online food delivery platform Swiggy saw a muted response to its Rs 11,327 crore IPO on the first day of bidding on Wednesday, as brokerages advised investors to avoid the IPO until the company's ...
Swiggy secured Rs 5,085 crore from anchor investors, including major domestic and international institutions, ahead of its IPO. The anchor book saw strong participation from leading mutual funds ...
Investors are caught in a dilemma as the initial public offering (IPO) of Swiggy, a new-age consumer-first technology company, opens for subscription. With a price band of Rs 371-390, Swiggy aims ...
Food delivery and quick commerce platform Swiggy’s Initial Public Offering (IPO) was subscribed only 35% on the second day of bidding as broader market indices slipped in red. Sriharsha Majety ...
Analysts point out Swiggy’s increased Average Order Value (AOV) and expanded Dark Store network, which grew from 301 in FY22 to 523 in FY24. At a price band set between Rs 371-390, the IPO allows ...
Swiggy cofounder and CEO Sriharsha Majety said that while speed is essential, having the right assortment of products and SKUs will be a key differentiating factor in quick commerce Swiggy is in ...