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 Rs 2,106 crore IPO consists solely of an offer-for-sale of 70.22 crore shares by the promoter, Sagility B.V., with no fresh issue component. All proceeds, after deducting expenses, will go ...
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 ...
Bank Nifty Stock Price Live Updates: At 10:45 Bank Nifty was trading at 51793 (-1%). Today Bank Nifty has been trading in the range of 52377.25 to 51769.4. Nifty futures are at 52091.9 (-1.06%) & with ...
Learn how Swiggy's quick commerce business model works and its potential for growth in the food delivery industry.
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 ...
New Zealand skipper Tom Latham remained considerate even after the historic 30 Test series clean sweep against India recently, asserting that Rohit Sharmas quality side has the ability to make a ...
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 ...
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.
Swiggy's ongoing IPO brings it head-to-head with market leader Zomato. Zomato’s FY24 performance — with ₹12,114 crore in revenue and first-time profits — outshines that of Swiggy, which remains ...