Swiggy, the food and grocery delivery company, experienced a successful stock market debut on Wednesday. Shares opened at a 7.69% increase on the NSE, reaching Rs 420. The company's IPO, totaling Rs 11,

The drop comes after a decent debut, closing at Rs 455.95 the previous day, marking a 10.67% rise from its initial listing price.

Swiggy Share Price, IPO Listing, Swiggy IPO Subscription Status Highlights: The company raised Rs 945.40 crore from anchor investors by selling 315.13 million shares.

Swiggy Stocks Today, Swiggy IPO Listing Highlights 13 Nov 2024: Swiggy stock is all set for market debut today. The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh capital raise of ₹4,

Swiggy's IPO debuted with an 8% premium, drawing mixed views from analysts. Macquarie sees downside risk, while JM Financial is bullish on future growth, despite profitability concerns.

Swiggy Ltd shares made a bullish debut on Wednesday, listing at a premium of 5.64 per cent on the BSE and 7.7 per cent on the NSE over the initial public offering (IPO) offer price of Rs 390 per share and valuing the company at Rs 1.02 lakh crore.

Swiggy stock is all set for market debut today. The IPO was oversubscribed by 3.59 times. The ₹11,300-crore IPO comprised fresh capital raise of ₹4,499 crore and an offer for sale (OFS) of 17.51 shares worth ₹6,

The issue, which opened on November 6, was subscribed 3.6 times the shares on offer driven by institutional investors on the third and final day.

Swiggy sold its shares in the price band of Rs 371-390 apiece, which could apply for a minimum of 38 shares and its multiples thereafter to raise a total of Rs 11,327.43 crore.

Swiggy operates in India's rapidly growing online food delivery and quick commerce sectors, which have seen significant expansion.