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Swiggy delivers 17% surge in debut
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 concerns.
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 investors by selling 315.13 million shares.
Swiggy delivers 17% surge in debut as investors bet on Indian quick commerce
By Hritam Mukherjee and Chris Thomas 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.
2h
Swiggy CEO says he came up with idea of company for college project, forgot about it later
Sriharsha Majety first conceived the idea of Swiggy during a project at the Indian Institute of Management (IIM) Calcutta. At ...
2d
Shy Swiggy CEO Sriharsha Majety makes a rare appearance on IPO listing, says the app was actually a forgotten college idea
Swiggy, the food delivery giant, debuted on the stock market. CEO Sriharsha Majety, usually media-shy, marked the occasion ...
The Financial Express
3d
Beyond food: Swiggy planning marketplace for astrologers, legal advisors – A look at its five latest app features
Swiggy’s push for diversification isn’t new; the company has rolled out multiple unique features in recent times.
2d
Macquarie initiates 'underperform' call on Swiggy ahead of its listing today
As per Macquarie, the company's QC is more complex, with no sustainable economic profits. Expects the group's EBIT breakeven ...
1d
on MSN
Swiggy invites delivery partners to ring the listing bell: ‘Sharing gratitude’
The shares of Swiggy Ltd were listed at ₹420 on the NSE, a 7.7% premium over the ₹390 issue price and it opened at ₹412 on ...
7d
Your Comprehensive Guide to Swiggy IPO
Select Swiggy IPO: Find Swiggy in the IPO listings and click “Apply Now.” Enter Bid Amount: Input your desired bid amount and ...
2d
Swiggy enters Rs 1 trn market-cap club on debut; up 15% over issue price
At 11:15 am on Wednesday; Swiggy's market cap stood at Rs 100,148 crore (Rs 1.0 trillion), the NSE data shows.
1d
on MSN
Swiggy shares at Rs 470 or Rs 325? What's next for the stock as mcap hits Rs 1L cr mark
Shares of Swiggy Ltd pulled off a surprise at its Dalal Street debut on Wednesday as the stock listed at a mild premium at ...
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