India's quick-commerce boom fueled Swiggy's $1.4 billion IPO
How India’s quick-commerce boom fueled Swiggy’s $1.4 billion IPO
While big ticket offerings have seen relatively muted responses, India’s IPO market has been buoyant, with about 290 companies raising nearly $14 billion so far this year, roughly twice the amount raised in all of last year, LSEG data showed.
Swiggy's $1.4 Billion IPO Oversubscribed as Investors Bet on Quick-Commerce Boom
Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of India's second-largest share sale this year.
The IPO opened from November 5th to November 7th. Its allotment status was carried out on November 8th. After the allotment ...
India's Initial Public Offering (IPO) market has seen a historic surge in 2024, raising an unprecedented ₹1.19 lakh crore.
The ascent of the Indian-origin industrialists mirror the rise of the UAE, which is now home to over 10 million people — a ...
The offering, one of the few $1 billion-plus listings in India this year, drew bids for six times the shares kept for ...
Krishnan clarified that the IPO isn't about price discovery since the exchange doesn't have a promoter, calling NSE a "quasi-commercial organization." The exchange, which has nearly 20,000 ...
3] Sagility India IPO date: Bidding for the public issue will remain open from 5th to 7th November 2024. 4] Sagility ...
Sagility India's IPO is 28% subscribed on day two, with strong retail participation. The ₹2,106 crore issue is an ...
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The company will carry basis of shares allotment on. To check the status of allotment, investors can visit BSE, NSE or ...
Sagility India has fixed the price band for the public issue at ₹28 to ₹30, as the IPO will open for public subscription on ...
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