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Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 10:08 PM IST IPO-bound food tech platform Swiggy on Friday announced the launch of its 10-minute meals and beverages delivery service Bolt. It is already operational in key locations across six major cities — Hyderabad, Mumbai, Delhi, Pune, Chennai, and…
Source: Live Mint However, with most IPOs getting oversubscribed, securing an allotment has become increasingly challenging. To boost their chances, some investors are turning to IPO loan financing—a strategy that allows them to bid for a higher number of shares than their available capital would typically permit. Read this | Why you should approach the…
Source: Live Mint While excitement remains high in India’s secondary market, where the benchmark indices are reaching new heights daily, the primary markets are also buzzing and witnessing a flurry of activity. Once dominated by institutions, India’s primary market is now experiencing a surge in retail participation, driven by the potential for higher returns and…
Source: Business Standard 2 min read Last Updated : Sep 30 2024 | 7:17 PM IST IPO-bound Swiggy’s quick commerce arm, Instamart, has launched an initiative offering 24×7 free delivery for all customers in Delhi NCR to capitalise on the anticipated uptick in demand during the festival season. The quick commerce platform aims…
Source: Live Mint India seems to have moved from the Coldplay ticket row to the pre-IPO investment gamble—Swiggy’s shares are being sold and re-sold for higher prices in the grey market. Investors have spent the last three years twiddling their thumbs, waiting for the younger half of India’s food-delivery duopoly to finally go public. And…
Source: Live Mint The Reserve Bank of India (RBI) called September the busiest IPO month in fourteen years. The month is near its end, but the primary market buzz is unlikely to fade as more than half a dozen companies want to raise around ₹60,000 crore in the next sixty days. Hyundai Motor India, Swiggy,…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 7:19 PM IST For food aggregator platform Swiggy, quick commerce (q-com) is proving to be a better growth opportunity than food delivery. Its q-com arm Instamart is rapidly outpacing its core food delivery vertical across several key financial metrics, the company’s…
Source: Business Standard Swiggy IPO: Leading Indian food aggregator and delivery platform Swiggy is all set to go public as the company has filed the draft red herring prospectus (DRHP) with the markets regulator, Securities and Exchange Board of India (Sebi). The Indian primary market has been booming this year, with as many…
Source: Business Standard Swiggi, Zomato(Photo: Shutterstock) 4 min read Last Updated : Sep 27 2024 | 2:20 PM IST Zomato share price: Zomato’s share price drew attention on Friday, September 27 as rival Swiggy submitted its Initial Public Offering (IPO) Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) late…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 27 2024 | 12:10 PM IST Primary market, it seems, is not only luring investors back home but also globally. A recent report by GlobalData, a London-based data analytics firm suggests that 822 Initial Public Offers (IPO) aimed to raise $65…
