Swiggy IPO shares to debut today. Here’s what GMP indicates about listing

November 13, 2024

Swiggy, the food delivery giant, launched its IPO last week. The IPO saw a decent subscription rate. However, market analysts observed subdued sentiments due to the company’s financial performance. Despite revenue growth, Swiggy continues to face losses. Experts advise caution and a long-term perspective for potential investors. The company plans to utilize the IPO proceeds for expansion and technological advancements.

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