Analysts view Swiggy’s diverse portfolio, encompassing food delivery, grocery services, and restaurant reservations, as a competitive advantage over rivals like Zomato.

The Bengaluru-based firm's initial public offer opened for subscription in a price range of ₹371 to ₹390. This offering takes place alongside several recent IPOs.

According to Rajan Shinde, Research Analyst at Mehta Equities, Swiggy’s market cap to sales ratio of 7.8x appears fairly valued compared to competitor Zomato.

The much-anticipated Swiggy Ltd IPO opened for bidding on 6th November 2024, with a three-day subscription window scheduled to close on 8th November 2024. The online food delivery giant has set its ...

Swiggy launched its IPO at a reduced valuation of $11.3 billion, down from its earlier target of approximately $15 billion. The company aims to raise around Rs 11,300 crore through the offering, which ...

The initial share sale received bids for 1,89,80,620 shares against 16,01,09,703 shares on offer, according to data available with the NSE ...

Swiggy's unlisted shares are currently trading at Rs 399.5 in the grey market, which is just a 2.44 per cent premium over the ...

A key change involves major amendments to the Master Direction - Know Your Customer (KYC) Direction, 2016. The Master Direction - KYC Direction, 2016, issued by the RBI, serves to regulate and ...

Swiggy's IPO is facing uncertainty as analysts advise investors to consider the long-term potential due to profitability concerns and competition from Zomato. Despite conservative pricing, the IPO saw ...

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: ...

Swiggy’s initial public offering (IPO) experienced a slow uptake on the first day with subscription levels at just 12% overall. It received 1,89,80,620 share applications against 16,01,09,703 shares ...

Bidding for the initial public offering (IPO) of Swiggy Ltd began on 6th November 2024 and will remain open until 8th November 2024. This means investors have two days to apply for the public issue.