Swiggy delivers 17% surge in debut as investors bet on Indian …
1 day ago · Prosus says it made $2 bln on Swiggy investment. BENGALURU, Nov 13 (Reuters) - SoftBank-backed Swiggy's (SWIG.NS) shares ended nearly 17% higher in their trading debut in India on Wednesday ...
India’s Swiggy defies weak market in largest 2024 tech IPO globally
1 day ago · Shares of Swiggy ended debut day up 10.67% at ₹455.95 ($5.4) on Wednesday as the food-delivery and quick-commerce startup concluded India’s second-largest IPO this year.
Swiggy IPO: Swiggy’s IPO to unlock Rs 9,000 crore in Esop wealth …
2 days ago · Swiggy on Wednesday listed with a 7.69% premium over its IPO price of Rs 390 on NSE at Rs 420. It debuted with a premium of 5.64% at Rs 412 on BSE. The company's listing is poised to unlock Rs 9,000 crore worth of employee stock option plans and catapult nearly five hundred employees at the food delivery company into the ‘crorepati’ league, people aware of the details told ET. An estimated ...
Inside Swiggy’s listing gains: 70 dollar millionaires ... - India Today
1 day ago · In Short. Swiggy's IPO creates 70 dollar millionaires through substantial ESOP payouts. 5,000 Swiggy employees gain Rs 9,000 crore from ESOP program. Swiggy stock closes up 18%, rewarding first-day IPO investors. Swiggy's IPO not only marks one of the largest listings in recent times for a new-age company but also brings substantial financial ...
Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
1 day ago · The food-delivery firm’s shares closed 17% higher than the offer price of 390 rupees, despite a broader market selloff. The listing valued the company just over $12 billion. The $1.3 billion ...
Prosus Gains $2 Billion on Swiggy Investment with IPO Value
1 day ago · Prosus and its controlling shareholder Naspers Ltd. invested $1.3 billion building a 31% stake in Swiggy ahead of its stock market debut in India on Wednesday. The food delivery firm targeted an ...
Swiggy Latest Updates: Shares Debut in India After Mega IPO
1 day ago · SoftBank-Backed Swiggy to Debut in India After Mega $1.3 Billion IPO Shares to start trading at 10 a.m. India time after $1.3 billion IPO Indian stocks edge lower at open ahead of Swiggy debut
Exclusive: India finds Zomato, Swiggy food delivery businesses …
6 days ago · India finds Zomato, Swiggy dealt exclusively with some partners; Swiggy IPO values it at $11.3 bln, Zomato valued at $27 bln ... Aditya Kalra is the Company News Editor for Reuters in India ...
Swiggy’s public debut will test India’s appetite for $1B+ IPOs
3 days ago · 4:16 AM PST · November 11, 2024. Swiggy’s upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to be the Indian internet stock: Zomato ...
How Swiggy Beat Amazon to 13-Minute Grocery Deliveries in India
3 days ago · Delivery startup Swiggy says it can deliver goods in as little as 13 minutes. On a summer afternoon in 2020, Sriharsha Majety logged into an investor call at food-delivery startup Swiggy Ltd. ’s ...