Swiggy is expected to finalize its IPO share allotment today, with its debut on the BSE and NSE scheduled for November 13. The IPO received a respectable three-fold oversubscription, and shares are currently trading at a slight premium in the unlisted market. The company plans to utilize the proceeds for investments in technology, brand building, and its subsidiary, Scootsy. Swiggy is expected to finalize its IPO share allotment today, with its debut on the BSE and NSE scheduled for November 13. The IPO received a respectable three-fold oversubscription, and shares are currently trading at a slight premium in the unlisted market. The company plans to utilize the proceeds for investments in technology, brand building, and its subsidiary, Scootsy. Economic Times
November 15, 2024
- Electric field signals reveal early warnings for extreme weather, study reveals
- Study of US law enforcement co-responder programs identifies wide variations
- Targeted glucosinolate conversion: How kohlrabi tissues produce health-promoting compounds
- Decline in West African coastal fish stocks threatens food security and livelihoods
Headlines
