As Swiggy prepares for its IPO with a price cap of Rs 390 per share, early investors who bought shares at Rs 530 may face challenges due to a six-month lock-in period and a lower company valuation of ...
Traders hope Diwali boosts stocks, while Nifty faces its worst monthly drop in four years. Swiggy’s IPO shows tepid enthusiasm, mirrored in Zomato’s recent decline. Options traders are ...
(Image/FB) Food and grocery delivery platform Swiggy is looking at markets beyond the top 100 cities for further expansion in both food delivery and quick commerce segments, the IPO-bound company ...
NEW DELHI (Reuters) - Big investors including Norway's sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy's India IPO, 25 times the $605 million portion ...
Today we look at: Swiggy IPO Option bets Auto sector woes Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Traders will be hoping that the festival of lights revives the ...
It will make Swiggy the second major food delivery app after Zomato to go public. Bothra said it is possible that the company which claims to have 14 million users serves only a small part of the ...
Swiggy's IPO price range of Rs 371 to Rs 390 is considered attractively valued, and was decided after comparing its ratios with the listed peer and adding qualitative factors to the same value ...
On Tuesday, Swiggy filed its red herring prospectus with the Securities and Exchange Board of India (Sebi), where the food and grocery delivery company increased its targeted primary fundraising ...
Ahead of Swiggy's IPO (initial public offer) opening, Sriharsha Majety, the co-founder and CEO of Swiggy, detailed ambitious growth plans for Instamart, the company’s quick-commerce platform, ...
Swiggy has reportedly set the price band of its upcoming initial public offering (IPO) at INR 371-390. At the upper end of the price band, the company will be valued at $11.3 Bn. Earlier, it was ...