Swiggy’s public debut will test India’s appetite for $1B+ IPOs - MSN

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. It will also test the …


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

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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. It will also test the …

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

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Nov 13, 2024  · Swiggy’s IPO was seen as a test of investor appetite for the country’s burgeoning quick-commerce sector. The debut pits the company against larger listed rival Zomato and …

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

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Nov 13, 2024  · Initial demand for Swiggy’s IPO was subdued, but institutional demand eventually drove it to a strong close. Swiggy’s IPO was seen as a test of investor appetite for the …

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Swiggy Files For $1.25 Billion IPO In India's Booming Stock Market

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Sep 26, 2024  · NEW DELHI/BENGALURU (Reuters) -SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion, as the …

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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 …

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

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Nov 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: Swiggy's listing …

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Softbank-backed Swiggy Files For $1.61b IPO In India's Booming …

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Sep 27, 2024  · NEW DELHI/BENGALURU – SoftBank-backed Swiggy filed papers on Sept 26 for an initial public offering, which a source said would be worth US$1.25 billion (S$1.61 billion), …

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Swiggy’s $1.3 Billion India IPO Sold On Final Day - Yahoo Finance

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Nov 11, 2024  · For many, this IPO was seen as a test of whether the market still has an appetite for large first-time share sales after Hyundai Motor India Ltd.’s record $3.3 billion offer had a …

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Swiggy Seeks $11.3B Value At IPO, Less Than Half Zomato’s Worth

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Oct 30, 2024  · Swiggy, one of India’s largest food delivery and quick-commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to …

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Swiggy IPO Serves Next Dish In Indian Food Wars | Reuters

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May 9, 2024  · The war for Indian diners is escalating. Food delivery startup Swiggy has confidentially filed for a $1.3 billion initial public offering, months after backer Invesco hiked up …

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Swiggy Targets $15 Billion Valuation In India IPO, Sources Say

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Aug 23, 2024  · NEW DELHI : SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, …

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India's Swiggy Likely To Price $1.35 Bln IPO At 371-390 …

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Oct 29, 2024  · Indian food delivery giant Swiggy SWIG.NS will likely price its $1.35 billion domestic initial public offering, which opens next week, at 371-390 rupees per share ($4.41 …

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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 …

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Swiggy's $1.4 Bn IPO Oversubscribed As Investors ... - Business …

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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 …

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FAQs about Swiggy’s public debut will test India’s appetite for $1B+ IPOs - MSN Coupon?

Will Swiggy's IPO Test India's appetite for a $1 billion IPO?

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. It will also test the nation’s appetite for IPOs that can scale past the $1 billion mark. ...

Why did Swiggy IPO?

Swiggy’s IPO was seen as a test of investor appetite for the country’s burgeoning quick-commerce sector. 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 in combined gross orders within a decade. ...

Is Swiggy a good IPO stock in India?

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. The closely watched listing makes the company a direct comparable for what analysts have long considered the benchmark Indian internet stock: Zomato. ...

What will Swiggy's market debut mean for India?

The market debut will position Swiggy 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 in combined gross orders within a decade, potentially affecting existing consumer-product majors like Hindustan Unilever Ltd. and ...

What are the prospects for Swiggy's IPO?

The prospects for Swiggy’s IPO looks good — especially given that rival Zomato’s stock has surged over 100% since its $1.3 billion listing in 2021, reaching a market cap high of $29 billion this year. In comparison, Swiggy is seeking a valuation of $11.3 billion. ...

How many times has Swiggy IPO been subscribed?

The portion reserved for institutional investors was subscribed six times, while the shares earmarked for retail investors were 114% subscribed. The initial public offering (IPO) of food and grocery deivery app Swiggy Ltd is the second IPO in a year to raise over 100 billion Indian rupees. ...

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