Swiggy's stock surges on debut, lists 7.7% above issue price at Rs 420 on NSE

Swiggy, the food and grocery delivery company, experienced a successful stock market debut on Wednesday. Shares opened at a 7.69% increase on the NSE, reaching Rs 420. The company's IPO, totaling Rs 11,327 crore, was fully subscribed, indicating strong investor confidence.

Nov 13, 2024 - 13:30
Swiggy's stock surges on debut, lists 7.7% above issue price at Rs 420 on NSE
Swiggy, the food and grocery delivery company, experienced a successful stock market debut on Wednesday. Shares opened at a 7.69% increase on the NSE, reaching Rs 420. The company's IPO, totaling Rs 11,327 crore, was fully subscribed, indicating strong investor confidence.