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Swiggy IPO subscribed 12% on day one; individual investors bid most

Business Standard LogoBusiness Standard4h ago

Swiggy IPO subscribed 12% on day one; individual investors bid most - Business Standard

Quick Summary:

Swiggy’s Rs 11,327-crore IPO will be India’s sixth largest in the domestic market and the second largest this year after Hyundai.

At the top end, Swiggy will be valued at Rs 87,300 crore.Swiggy $1.

The retail quota for the IPO is set at only 10 per cent, compared to the typical 35 per cent.


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Swiggy IPO subscribed 12% on day one; individual investors bid most - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 19:32:52 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 285 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23448250

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 311 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 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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