Swiggy Limited IPO
Swiggy Limited was a mainboard IPO in the E-Retail/ E-Commerce sector, offered at ₹371–₹390 per share to raise ₹11,327 crore. The issue was subscribed 3.59× overall (QIBs 6.02×, NIIs 0.41×, retail 1.14×). It listed on 13 Nov 2024 at ₹420 and closed its first day at ₹456, a listing gain of +16.9% versus the ₹390 issue price. It now trades around ₹177 (-54.7% versus the issue price).
Frequently asked questions
- How many times was the Swiggy Limited IPO subscribed?
- The Swiggy Limited IPO was subscribed 3.59× overall — 6.02× in the QIB category, 0.41× among non-institutional investors, 1.14× in retail.
- What were the Swiggy Limited IPO listing gains?
- Swiggy Limited listed on 13 Nov 2024 at ₹420, closing its first day at ₹456 — a listing gain of +16.9% versus the ₹390 issue price.
- What were the retail allotment odds for the Swiggy Limited IPO?
- Retail was subscribed 1.15×, so a single-lot application had roughly a 87% chance of allotment — most applicants were allotted, and allotment was finalised on 11 Nov 2024.
- What was the price band and lot size of the Swiggy Limited IPO?
- The price band was ₹371–₹390 per share, with a minimum lot of 38 shares (₹14,820 at the upper band).
- Who were the registrar and lead manager for the Swiggy Limited IPO?
- Link Intime India Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.