Prior to the IPO launch, the company raised ₹1,300.50 Crore from anchor investors on 5th November 2024, providing strong backing for the public offering.
The price band for Swiggy's IPO is set between ₹371 to ₹390 per equity share.
Top gainers in Sensex include TCS, SBI. Top losers in Sensex include Tech Mahindra, Tata motors, UltraTech Cement, JSW Steel.
Up until November 8, the public can subscribe for the company's shares at a price between Rs 371 and Rs 390.
The IPO's total value is Rs 2,900 crore, which includes Rs 2,395 crore in new equity shares and Rs 505 crore in an offer for sale (OFS) by the selling stockholders.
Investors can apply for shares in lots of 500. This means each application needs to be made for a minimum of 500 shares and in multiples thereof.
On Thursday, the last day of bidding for Sagility India's IPO, a 2.81 times subscription rate was recorded.
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