Swiggy delivers 17% surge in debut as investors bet on Indian …

Nov 13, 2024  · Swiggy valued at $12 bln after surging on debut Investors bet on quick-commerce, food delivery boom Broader markets sell off sharply $1.4 bln IPO saw strong response from …


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Swiggy Delivers 17% Surge In Debut As Investors Bet On Indian …

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Nov 13, 2024  · Swiggy valued at $12 bln after surging on debut Investors bet on quick-commerce, food delivery boom Broader markets sell off sharply $1.4 bln IPO saw strong response from …

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Swiggy Delivers 17% Surge In Debut As Investors Bet On Indian …

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Nov 13, 2024  · Swiggy Delivers 17% Surge in Debut as Investors Bet on Indian Quick Commerce By Hritam Mukherjee and Chris Thomas BENGALURU (Reuters) -SoftBank-backed Swiggy's …

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Swiggy Delivers 17% Surge In Debut As Investors Bet On Indian

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BENGALURU (Reuters) -SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and …

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Swiggy Delivers 17% Gains On Stock Market Debut; Mcap Tops Rs 1 ...

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Nov 13, 2024  · Food delivery major Swiggy to debut on stock market on Wednesday Experts said Swiggy’s positive listing could boost the IPO pipeline and share sales by tech startups. IPO …

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Swiggy Shares Surge 17% On Debut, Market Capitalization Exceeds …

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Nov 13, 2024  · NEW DELHI: Swiggy's shares on Wednesday settled at Rs 456, at a premium of 17 per cent above the Rs 390 issue price. The market capitalization of the food and quick …

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Swiggy Shares Surge 17% On Market Debut - The New Indian Express

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Nov 14, 2024  · NEW DELHI: SoftBank-backed Swiggy, which made its trading debut on Wednesday, saw its shares closing 16.91% higher at Rs 455.95 on the BSE. This signals …

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UPDATE 4-Swiggy Delivers 17% Surge In Debut As Investors Bet On …

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Nov 13, 2024  · * Swiggy valued at $12 bln after surging on debut * Investors bet on quick-commerce, food delivery boom * Broader markets sell off sharply * $1.4 bln IPO saw strong …

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Swiggy Delivers 17% Surge In Debut As Investors Bet On Indian …

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Nov 13, 2024  · Swiggy delivers 17% surge in debut as investors bet on Indian quick commerce. By Hritam Mukherjee and Chris Thomas BENGALURU (Reuters) -SoftBank-backed Swiggy’s …

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India Delivery App Swiggy Shares Gain On Market Debut

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Nov 13, 2024  · Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as …

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India's Swiggy Delivers 2024's Largest Tech IPO Globally - TechCrunch

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Nov 13, 2024  · 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 …

techcrunch.com

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Swiggy’s India IPO Defies Weak Market With 17% Listing Gain

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Nov 13, 2024  · The debut pits the company against larger listed rival Zomato and privately-held Zepto in India’s rapid delivery space. According to CLSA, these firms are set to top $78 billion …

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Swiggy Delivers 17% Surge In Debut As Investors Bet On Indian …

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Nov 13, 2024  · BENGALURU (Reuters) -SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in …

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Swiggy’s India IPO Defies Weak Market With 17% Listing Gain

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Nov 13, 2024  · Swiggy’s India IPO Defies Weak Market With 17% Listing Gain The $1.3 billion deal was subscribed more than three times The share sale drew robust demand from large …

bloomberg.com

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Swiggy's $1.4 Bln IPO Oversubscribed As Investors Bet On Quick …

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Nov 8, 2024  · Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of …

reuters.com

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SWIG.NS - | Stock Price & Latest News | Reuters

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Nov 15, 2024  · category Swiggy delivers 17% surge in debut as investors bet on Indian quick commerce November 13, 2024 category Indian shares, including Nifty 50, slip into correction …

reuters.com

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Swiggy Delivers 17% Surge In Debut As Investors Bet On Indian …

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BENGALURU (Reuters) -SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and …

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Indian Food Delivery Startup Swiggy’s $1.4 Billion IPO Soars Ahead …

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Nov 8, 2024  · In August, we covered Swiggy's ambitious plans for an initial public offering (IPO) with a target valuation of approximately $15 billion. Now, just three months later, Swiggy’s long …

techstartups.com

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SoftBank-backed Swiggy’s Shares Soar 15% On India Market Debut …

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Nov 13, 2024  · Shares of Indian food delivery giant Swiggy rose over 15% on their trading debut. The company raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday, …

nbcnewyork.com

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Swiggy’s Public Debut Will Test India’s Appetite For $1B+ IPOs

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Nov 11, 2024  · For its IPO, Swiggy has already secured $1.4 billion from institutional investors, including Norway’s sovereign wealth fund, BlackRock and eight of the top 10 Indian mutual …

techcrunch.com

FAQs about Swiggy delivers 17% surge in debut as investors bet on Indian … Coupon?

Why did Swiggy's shares end 17% higher in India?

By Hritam Mukherjee and Chris Thomas BENGALURU (Reuters) -SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery delivery firms as shoppers increasingly go online and want fast deliveries. ...

How did Swiggy's share price perform on its debut?

Swiggy's shares soared on their debut, closing 17% above the issue price. The company achieved a market capitalization exceeding ₹1 lakh crore. CEO Sriharsha Majety expressed confidence in future growth, citing plans for expansion and technology enhancements. ...

What is Swiggy's market value?

NEW DELHI: Swiggy's shares on Wednesday settled at Rs 456, at a premium of 17 per cent above the Rs 390 issue price. The market capitalization of the food and quick delivery platform reached Rs 1,02,062.01 crore. Meanwhile, its competitor Zomato has a market value of Rs 2,28,463.62 crore. ...

How did Swiggy's IPO price affect investor confidence?

NEW DELHI: SoftBank-backed Swiggy, which made its trading debut on Wednesday, saw its shares closing 16.91% higher at Rs 455.95 on the BSE. This signals investor confidence and growth in food and grocery delivery space. Its IPO price was Rs 390, and shares opened at Rs 420 on Wednesday. ...

Why did Swiggy's shares settle at 456?

CEO Sriharsha Majety expressed confidence in future growth, citing plans for expansion and technology enhancements. NEW DELHI: Swiggy's shares on Wednesday settled at Rs 456, at a premium of 17 per cent above the Rs 390 issue price. The market capitalization of the food and quick delivery platform reached Rs 1,02,062.01 crore. ...

Why did Swiggy stock surge 7% to 440?

Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in India this year, and stellar debut on Wednesday defied the weak market in the country this week. ...

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