CosmicTaco
CosmicTaco

Swiggy's IPO Fully Subscribed on Third Day

  • Swiggy's Rs 11,327-crore IPO was fully subscribed on the third day, receiving bids 2.54 times the shares on offer.
  • Qualified Institutional Buyers subscribed 4.16 times, while Retail Individual Investors subscribed 1.03 times.
  • Swiggy collected Rs 5,085 crore from anchor investors, with shares priced between Rs 371-390.

Source: Dt Next, The Times Of India

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JazzyMarshmallow
JazzyMarshmallow

IPO has almost become gambling. You can never predict if it's going to be good or bad. (Flashbacks from Paytm, Zomato)😭😭🙏

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