Swiggy IPO: Here’s what GMP signals ahead of issue opening on Wednesday, November 6

Swiggy IPO: Here’s what GMP signals ahead of issue opening on Wednesday, November 6

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 of ₹1. Swiggy … Read more

Week Ahead: Q2 Results, FII outflows, F&O expiry, global cues among key market triggers for Nifty 50, Sensex

Week Ahead: Q2 Results, FII outflows, F&O expiry, global cues among key market triggers for Nifty 50, Sensex

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 of Samvat 2081. … Read more

Swiggy IPO: How investors justify risky pre-listing trading

Swiggy IPO: How investors justify risky pre-listing trading

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 with Zomato’s stock, … Read more

Softbank-backed Swiggy eyes IPO filing this week, may seek to raise more than $1 billion

Softbank-backed Swiggy eyes IPO filing this week, may seek to raise more than $1 billion

Indian food-delivery platform Swiggy Ltd. is considering filing publicly for its domestic initial public offering as soon as this week, people familiar with the matter said, adding to a strong pipeline of share sales in the country. Swiggy’s IPO may seek to raise more than $1 billion, the people said, asking not to be identified … Read more