Swiggy pre-open trade: Shares jump in trading debut after $1.4-billion IPO

Reuters Updated - November 13, 2024 at 11:33 AM.

The stock listed at ₹420 on India's National Stock Exchange, compared to its issue price of ₹390

Shares of Indian food and grocery delivery firm Swiggy debuted 7.7 per cent higher in pre-open trade on Wednesday, after institutional investors led its $1.4 billion initial public offering to be oversubscribed by more than three times last week.

The stock listed at ₹420 on India's National Stock Exchange, compared to its issue price of ₹390.

Published on November 13, 2024 04:32

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