Low GMP To Global Cues—Why Swiggy IPO Is Slow To Take Off
Institutional buyers are likely to save the day for the food delivery platform, with their portion already subscribed 73%. Notably, QIBs pour into IPOs on the eleventh hour to avoid locking in their funds.
Swiggy GMP near zero as IPO gets fully subscribed, hinting at flat-to-negative listing
Even as Swiggy Ltd's IPO sailed through on the final day of the bidding process, the GMP has fallen to near zero from around Rs 2-3 in the grey market, indicating a flat-to-negative listing potential at the bourses.
Swiggy IPO subscription status day 1: Issue booked 12%, retail leads at 54%; GMP signals muted listing gains
Swiggy IPO subscription began today in the primary market after the company collected Rs 5,085 crore from anchor investors.
Swiggy IPO: Will You Get Listing Gains? Check GMP
The Swiggy IPO will be open for subscription between Nov. 6 and Nov. 8. Share allotment of the issue is likely to be done on Monday, Nov. 11.
Swiggy IPO subscribed 35% by day two; GMP signals modest listing gain
Mumbai: Swiggy’s IPO was 35 percent subscribed by the second day of its share sale on November 7. The food delivery and quick-commerce giant received bids for 5.56 crore shares out of the 16 crore available, as per NSE data.
Swiggy IPO Live 2024: Check GMP, Subscription Status, Price Band Key Dates and Review | Apply or Not?
Swiggy grey market premium (GMP) is currently at 5%, or Rs 20, in the unlisted market, just a day before its initial public offering (IPO) opens on November 6. The subscription period for the IPO will run until November 8.
Swiggy IPO makes lackluster start: subscription at 7% so far, GMP 3%
NSE data revealed that the IPO had garnered bids for merely 1,10,51,578 shares out of 16,01,09,703 on offer, translating to a subscription rate of just 0.07 times
Institutional part of Swiggy's $1.4 billion India IPO is fully subscribed
The portion reserved for institutional investors in Indian food and grocery delivery firm Swiggy's $1.4-billion initial public offer was fully subscribed on the final day of the sale. With about three-quarters of the issue set aside for institutional investors,
Swiggy IPO day 3: Institutional investor portion fully subscribed, overall subscription at 79%
Swiggy's $1.4 billion IPO saw its institutional investor portion fully subscribed on the final day, although overall subscription reached 79%. The retail investor portion remained partially unsubscribed.
Swiggy IPO Day 3: Check Subscription Status, GMP Today
Unlisted shares of Swiggy Ltd are currently trading just Rs 2 higher in the grey market, signalling a muted listing.
Swiggy IPO Day 3 Live: Swiggy IPO subscribed 35% on day two
Swiggy’s initial public offering opened to public on Wednesday. The IPO was subscribed 0.35 times on day 2. The IPO targets ₹11,327.43 crore through a combination of fresh issue worth ₹4,499 crore and offer for sale of 17.
Swiggy shares likely to make muted listing debut as GMP falls below 1%
IPO Watch and Investor Gain which track they grey market premium activities, reveal that Swiggy shares are commanding a ...
Swiggy IPO Day 3: Check GMP, subscription status, key dates, more. Should you apply on the last bidding day or skip?
Bengaluru-based Swiggy began public subscription within a price band of ₹371 to ₹390 on Wednesday, November 6. The initial ...
Swiggy IPO: Issue sails through on Day 3, QIB portion booked 4x; GMP further falls
Bengaluru-based Swiggy is selling its shares in the price band of Rs 371-390 apiece. Investors can apply for a minimum of 38 ...