SWIGGY IPO COLLECTED 945 CRORE: STRONG INVESTOR DEMAND

SHARE PRICE UPDATE AND COLLECTION:
- SWIGGY IPO OPENING AND SUBSCRIPTION
  - RESERVATION OF SHARES: DISCOUNT AND LEAD RUNNER
    - ABOUT SWIGGY COMAPNY AND HIS FACILITY

Swiggy IPO sold Rs.315.13 million shares to tha anchor investor raising 945.40 crora,subsequently, The company set the issue price at RS.390 and the stock listed on the Natoinal stock exchange at RS.420 ,a 7.7% premium over tha issue price.

SWIGGY IPO OPENING AND SUBSCRIPTION

The IPO was open for subscription from 6 /11/2024 to 8/11/2024. following this allotment took place on 11 November, and the stock listed on 13 November. furthermore the ipo was subscribed 2.75 times overall, with retail investors subscribing 3.10 times, non-institutional investors 0.97 times and qualified institutional investors 3.54 times. QIBs were main drivers of the ipo.

RESERVATION OF SHARES: DISCOUNT AND LEAD RUNNER

The company reserved 7.5 lakh shares for employees at a 25% discount to the issue price. icici securities, j.p morgan india, avendus capital, kotak mahindra capital, bofa securities india, and citygroup global markets india were at bookrunners for the ipo.

ABOUT SWIGGY COMAPNY AND HIS FACILITY

In fact: Swiggy is India’s popular online food ordering and delivery platform. additionally swiggy allows customers to order food from restaurants and delivered to their doorsteps. swiggy owns over india thousands of restaurants and branches frenchise,where it offers a wide variety of cuisines and dishes.

Real-time tracking: You can track your order in real-time and see when swiggy prepared and deliveres your food.

Payment options: swiggy accepts a variety of payment methods, including credit cards, debit cards, net banking, and digital wallets.

Promotions and discounts: the company often offers promotions and discounts. for example, you can get 20% off your first food orders, making it a more affordable option.

Swiggy Instamart: swiggy delivers groceries and other essentials within minutes.

Swiggy Genie: swiggy provides Same-day delivery service for packages and documents.

Overall, swiggy is a convenient and reliable platform to order food online in India. swiggy offers a wide variety of restaurants, a user-friendly app, and a variety of payment options.

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