Swiggy IPO allotment: Investors await listing; check status, GMP, expected listing price
Swiggy's IPO share allotment concludes today, with a muted grey market premium of Re 1 above the IPO price of Rs 390. The listing on BSE and NSE is scheduled for November 13. The IPO received a healthy subscription rate, driven by strong demand from QIBs. Swiggy plans to utilize the proceeds for investments in its subsidiary, technology, and marketing.
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