Big investors such as Norges and Fidelity have placed over $15 billion in bids for Swiggy’s upcoming India IPO valued at $1.35 billion. This IPO is set to be one of the country’s biggest stock offerings this year. The company has adjusted its estimated valuation to $11.3 billion after a recent market correction.
Four major IPOs to hit the market this week to garner Rs 6,600 crore
The IPO market is set to revive. Next week, Schloss Bangalore and Aegis Vopak Terminals, along with Prostar Info Systems and Scoda Tubes, will launch