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Swiggy IPO Closes Strong with 3.59x Demand on Day 3 – Read More!

Swiggy Limited IPO concluded with a 3.59x subscription by Day 3, demonstrating solid investor interest and a positive response from the market.
Swiggy IPO Closes Strong with 3.59x Demand on Day 3 – Read More!

Swiggy Limited IPO closed with a robust 3.59x subscription on Day 3, indicating strong demand for shares. Qualified Institutional Buyers (QIBs) led the interest at 6.02 times, followed by Non-Institutional Investors (NIIs) at 0.41 times, Retail Individual Investors (RIIs) at 1.14 times, and Employee participation at 1.65 times. This healthy uptake reflects the market’s confidence in Swiggy’s growth potential and business model.

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Swiggy Limited IPO Subscription Status

Swiggy Limited IPO recorded an overall subscription rate of 0.35x on Day 2, led by RIIs at 0.84x, QIBs at 0.28x, NIIs at 0.14x, and Employees at 1.15x. The significant increase by Day 3 highlights strong investor confidence in Swiggy’s market positioning.

How to check Swiggy IPO Subscription Status?

Steps to check Swiggy Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Swiggy Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Swiggy Limited IPO Allotment Status
The allotment date for the Swiggy Limited IPO is set for November 11, with shares priced from ₹371 to ₹390 per share and a face value of ₹1. The offering consists of lots of 38 shares, with bids accepted for these lots or their multiples.

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Swiggy Limited IPO Listing Date 

Swiggy Limited IPO is expected to be listed on the NSE SME on November 13, 2024.

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