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Swiggy, India
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.
Swiggy’s Shares Jump in India’s Second-Largest IPO This Year
Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.Its shares rose as much as 15% from its offer price to 448.
Swiggy’s IPO Debut Tests Demand for India’s Rapid-Delivery Firms
Swiggy Ltd.’s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India’s burgeoning quick-commerce sector.
Swiggy, Zomato
Swiggy's listing surprised investors; here's what analysts have to say on valuation compare with Zomato
Shares of the food and quick-commerce platform got listed at a premium of 7.69 per cent at Rs 420 as against their issue price of Rs 390. The stock eventually climbed 15.13 per cent to touch a day-high value of Rs 449.
Swiggy vs Zomato: which is a better choice for investment?
Debate intensifies over whether Swiggy or Zomato offers better investment in India's booming food delivery market.
Swiggy or Zomato: Which stock will deliver better returns to investors?
Although Swiggy is trailing Zomato in profitability and scale, analysts believe its market position and diverse revenue streams offer potential for long-term growth.
14m
on MSN
Swiggy makes a grand debut, stock surges 10% on first day of listing
Food delivery giant Swiggy debuted on the Indian stock market with its shares listing at a premium of nearly 8%, ...
Mint
56m
Swiggy Share Price Live Updates: Stock recovers losses, turns green in a choppy session;market cap above ₹1 lakh crore
Premium
Swiggy
Share Price Live Updates:
Swiggy
IPO listing date is set for today (Wednesday, November 13) at 10:00 IST ...
58m
Rival Zomato's CEO congratulates Swiggy on stock market listing
Swiggy's successful IPO debut celebrated with Zomato's congratulatory gesture, highlighting the delivery partners' vital role ...
34m
Swiggy’s ‘extraordinary’ growth driven by focus on customer satisfaction: Accel’s Anand Daniel
Accel co-led Swiggys seed round in 2015 and also participated in subsequent funding rounds. “Swiggy's growth has been ...
Business Line
8h
Swiggy vs Zomato: which is a better investment?
Both
Swiggy
and Zomato have carved out significant shares in the Indian market, with Zomato accounting for approximately 55 ...
1h
Swiggy's dollar millionaires: 70 employees pocket over $1 million each as company delivers IPO
The 70 staffers are part of a wider group of 5,000 employees who earned a staggering Rs 9,000 crore in total, thanks to ...
2h
on MSN
Swiggy’s reclusive CEO Sriharsha Majety makes rare public appearance at IPO debut
Majety has largely avoided the limelight, a sharp contrast to his counterpart Deepinder Goyal, Zomato’s CEO, who is known for ...
2h
How Swiggy IPO will make hundreds of its employees crorepatis
The food delivery company’s Rs 11,000 crore Initial Public Offering (IPO) made its debut on the Indian stock market today (13 ...
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