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Source: Live Mint The primary market is set to see significant activity beginning November 4, with four mainboard IPOs, including the anticipated Swiggy IPO, scheduled to launch on Dalal Street. Additionally, the SME segment will have one IPO opening next week. In October, the Indian stock market faced a substantial sell-off, with the Nifty 50…
Source: Live Mint Swiggy IPO: Food and grocery delivery giant Swiggy is set to make its stock market debut next week with the launch of its initial public offering (IPO). Swiggy IPO is set to hit the Street on November 6 and the SoftBank-backed company plans to raise more than ₹11,000 crore from the primary…
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…
