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India's Swiggy sees shares jump about 8% on debut
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.
SoftBank-backed Swiggy's shares soar 15% on India market debut after stellar IPO
The company’s IPO, the country’s second-largest this year, was reportedly oversubscribed more than three times.
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion rupees.
1d
on MSN
Prosus eyes PayU IPO in 2025 after stellar Swiggy listing
Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India. On Wednesday it ...
Analytics Insight
11h
Swiggy Share Price Highlights: Swiggy Shares Close Nearly 6% Lower After IPO - Should You Buy?
Swiggy, India’s leading on-demand delivery platform, recently made headlines with its highly anticipated Initial Public ...
inc42
17h
Swiggy Shares Tumble Over 5% In Second Trading Session
The stock rallied over 7% in the second trading session to hit an intraday high of INR 489.25 on the BSE. However, it shed ...
1d
on MSN
Prosus Gains $2 Billion on Swiggy Investment with IPO Value
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues ...
21h
on MSN
Swiggy share price above 25% from issue price, hits ₹1 lakh crore market cap. Do you own?
Swiggy's share price extended its upward momentum on Thursday, marking the second consecutive day of gains following its ...
6d
Exclusive: India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition ...
12h
on MSN
Swiggy CEO reveals he came up with idea of company for a college project, then forgot about it
Swiggy CEO Sriharsha Majety said that the company's idea originated during his college days, calling it a miracle to see it ...
8h
on MSN
Blinkit, Swiggy, Zepto, Flipkart Minutes captured around 50% Kirana sales in India, may touch Rs 332000 crore business by...
In a remarkable development indicating a major consumer shift towards preferring the convenience of groceries being delivered ...
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