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Source: Live Mint The Indian stock market faced selling pressure throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The challenges compelled the frontline indices to enter the bear market just a few days before Diwali 2024. However, the Muhurat Trading session, which kicked off Vikram Samvat 2081,…
Source: Live Mint Swiggy IPO: The initial public offering (IPO) of online food ordering and delivery player Swiggy is set to hit the Indian primary market on Wednesday, November 6. The ₹11,327 crore book-built issue will remain open till Friday, November 8. Meanwhile, according to reports, several prominent investors, including Norway’s sovereign wealth fund Norges…
Source: Live Mint 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 reserved for such investors, four sources told Reuters on Thursday. Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its…
Source: Live Mint Swiggy IPO is scheduled to open on Wednesday, November 6, and close on Friday, November 8. The details on allocation to anchor investors for Swiggy IPO will be out Tuesday, November 5. Swiggy IPO price band has been fixed in the range of ₹371 to 390 per equity share of face value…
Source: Live Mint Food and grocery delivery giant Swiggy is set to raise ₹11,300 crore through its initial public offering (IPO), which will open for public subscription on November 6. The price band of the upcoming IPO will be priced in the range of ₹371 to ₹390 each, according to PTI report. The IPO will…
Source: Live Mint The Indian stock market was thrown into the deep end and wrought with several challenges throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The battles compelled the frontline indices to enter the bear market just a few days ahead of Diwali’24 and the onset…
Source: Live Mint IPO-bound Swiggy sets valuation target at $11.3 billion to aid retail participation; Issue to open for bidding on Nov 13 Read Full Article
Source: Live Mint Swiggy, the food and grocery delivery platform backed by Prosus and SoftBank, aims for a valuation between $11.7 billion and $12.7 billion in its upcoming IPO. According to sources cited by Moneycontrol, the company is preparing to launch its IPO in the first half of November, though the timeline may shift based…
Source: Live Mint Food delivery giant Zomato revealed that it has granted a total of 11,997,768 shares under its employee stock ownership plans (ESOPs). The announcement was made on Wednesday, October 2, 2024. With Zomato’s shares closing at ₹275.20 on the Bombay Stock Exchange (BSE) during the last trading session of the week, the total…
Source: Live Mint India’s IPO frenzy: September 2024 witnessed a remarkable surge in initial public offering (IPO) activity, with 41 companies filing their offer documents with the capital markets regulator Securities and Exchange Board of India (SEBI). Presently, 67 companies have filed their Draft Red Herring Prospectus (DRHP) papers with the market watchdog and await…
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