Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in India this year,

Swiggy Ltd.’s shares climbed in their Mumbai debut, signaling a vote of confidence for large initial public offerings in India.

Swiggy shares listed at a 5.6 per cent premium to its IPO price of Rs 390, making the food delivery giant the first company with issue of over Rs 10,000 crore in the past decade to have listed above t

Swiggy's upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to be the Indian internet stock: Swiggy's listing will test whether the Indian market is ready for $1 billion-plus IPOs.

(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.

Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit

The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion rupees.

Swiggy's stock soared 17% on its debut trading day, closing at Rs 456, despite a market downturn. This impressive start pushed the food delivery giant's market capitalization beyond Rs 1 lakh crore. The successful IPO,

The issue, which opened on November 6, was subscribed 3.6 times the shares on offer driven by institutional investors on the third and final day.

Zomato CEO Deepinder Goyal publicly congratulated Swiggy on its successful IPO debut. Goyal's message on X celebrated this achievement as a win for the entire food delivery industry in India. Swiggy responded with humorous posts expressing their joy,