Swiggy IPO GMP indicates modest listing gains
Thu, Oct 31, 2024 1:20 PM

Swiggy IPO GMP indicates modest listing gains

A Flip by Shubhangi Gupta
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Swiggy's much-anticipated initial public offering (IPO) is slated to open for public subscription next week, marking a significant moment for the online food delivery giant as it seeks to raise Rs 11,330 crore. The IPO arrives at a challenging time, with concerns around urban demand slowdown and foreign investor outflows weighing on the domestic market.

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