Ahead of IPO, Swiggy commands a GMP of 4% over issue price

October 30, 2024

Swiggy’s IPO is set to launch on November 6, with bidding open until November 8. The company has seen declining grey market demand, pricing the IPO between Rs 371-390 per share. The GMP has dropped from Rs 25-30 to Rs 18, suggesting investors are currently willing to pay about Rs 415 for a share.

More To Explore

Asian stocks rise as Wall Street extends gains

Treasuries were stable in early Asian trading after rallying across the curve Wednesday. The US 10-year yield dropped nine basis points to 4.42% during the

February 6, 2025

Rupee hits new record low against US dollar on RBI rate cut hopes

The Indian rupee weakened to a record low of 87.487 per dollar on Wednesday, before closing at 87.465 per dollar, down 40 paisa from its

February 6, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003