Swiggy IPO buzz leads to massive rally; shares surge 40% in unlisted market

Swiggy has secured Sebi's approval for its IPO, resulting in a nearly 40% surge in its unlisted share prices from July to September. The company plans to raise Rs 11,000 crore through the IPO with a fresh equity sale and an offer-for-sale component.

Sep 26, 2024 - 13:30
Swiggy IPO buzz leads to massive rally; shares surge 40% in unlisted market

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Swiggy has secured Sebi's approval for its IPO, resulting in a nearly 40% surge in its unlisted share prices from July to September. The company plans to raise Rs 11,000 crore through the IPO with a fresh equity sale and an offer-for-sale component.
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