SoftBank-Backed Swiggy to Debut in India After Mega $1.3 Billion IPO
Swiggy is set to debut on the Indian stock markets. The $1.3 billion initial public offering is one of the few $1 billion-plus listings in India this year. It was one of the first companies that expanded beyond food delivery to quick commerce.
Swiggy experiences a remarkable 15% increase on its IPO debut, marking an impressive entry into the stock market.
Several brokerages have initiated coverage on Swiggy stock, which popped 7.7% upon listing on Wednesday, with perspectives ...
SoftBank did not sell its stakes in the company as part of the OFS (Offer For Sale), continuing to hold on to a 7.4% stake ...
The New Indian Express on MSN17h
Swiggy shares surge 17% on market debutNEW DELHI: SoftBank-backed Swiggy, which made its trading debut on Wednesday, saw its shares closing 16.91% higher at Rs ...
While existing shareholders sold stocks worth Rs 6,400 crore in the offer-for-sale (OFS) to book a big profit on their ...
TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial ...
SoftBank-backed Swiggy's shares jumped nearly 15 per cent in their trading debut in India on Wednesday, signalling growing ...
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