Swiggy IPO: Swiggy market debut today: Here are things to know

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Food and grocery delivery company Swiggy is set to make its debut on Dalal Street today. This Rs 11,300-crore IPO will be the biggest public offering by a technology firm since Paytm’s public issue in 2021.Ahead of the debut, let’s take a look at key points:

Muted debut expected

Analysts told ET the stock is likely to witness a muted debut on the bourses as weakness in the broader market has dampened appetite among individual investors for newly-listed companies.

The grey market premium — the price in the unofficial market that investors pay for the…



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Swiggy IPO: Swiggy market debut today: Here are things to know


Food and grocery delivery company Swiggy is set to make its debut on Dalal Street today. This Rs 11,300-crore IPO will be the biggest public offering by a technology firm since Paytm’s public issue in 2021.Ahead of the debut, let’s take a look at key points:

Muted debut expected

Analysts told ET the stock is likely to witness a muted debut on the bourses as weakness in the broader market has dampened appetite among individual investors for newly-listed companies.

The grey market premium — the price in the unofficial market that investors pay for the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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