Rival Zomato's CEO congratulates Swiggy on stock market listing

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Rival Zomato's CEO congratulates Swiggy on stock market listing - Business Standard

Quick Summary:

In a kind gesture, Zomato CEO Deepinder Goyal on Wednesday congratulated rival Swiggy on its stock market debut, whose shares got listed at a premium of nearly 8 per cent on the NSE.

The Rs 11,327-crore initial public offer of Swiggy got fully subscribed on the final day of the share sale on Friday, ending with 3.59 times subscription.

Swiggy got listed at Rs 420, a jump of nearly 8 per cent from the issue price on the NSE.