Swiggy IPO Day 2: 24% subscription, GMP up 2%; should you subscribe?

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Swiggy IPO has been subscribed 0.73 times in the retail investor quota, 0.17 times by NIIs, and 0.

Upon successful allotment, shares are likely to be credited to investors' demat accounts by Tuesday, November 12, 2024.

With the backing of renowned investors SoftBank, Prosus, and Accel Partners, the company has established itself as a pioneer in the food delivery space, connecting customers with local restaurants and stores.

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Category: BusinessFinance

Markets: India

Topics: Swiggy ipo price Swiggy ipo gmp Swiggy instamart Swiggy gmp Swiggy ipo review Swiggy ipo subscription status Swiggy gmp today Ipo gmp today Swiggy ipo grey market premium Share market news Swiggy ipo apply or not Ipo news Swiggy share price Swiggy ipo

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 12:45:50 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23458360

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 305 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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