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Swiggy shares fall over 4% as IPO lock-in expiry ends for 6.5 crore shares
Swiggy's shares dropped by up to 4.4% to Rs 519.50 on BSE in the morning session on Wednesday, following the expiry of a mandatory one-month lock-in period. This release unlocked 6.5 crore shares, or 3% of the company's total outstanding shares,
Swiggy shares slide 5% as one month lock-in period expires; 6.5 crore stocks eligible for trade
Shares of Swiggy, which debuted on stock exchanges on November 13, trade 33% higher than its IPO price of ₹390.
Swiggy shares fall over 4% after 6.5 crore shares free up for trade post lock-in ending
Shares of Swiggy have risen 40% since it made its stock market debut last month from its IPO price of ₹390 per share.
Swiggy share price falls over 5% after one-month anchor lock-in period ends
Swiggy shares have seen a decent rally since listing and the stock is up more than 35% than its issue price. After today’s fall in Swiggy shares, the stock still trades more than 30% higher from its IPO price.
Social Samosa
11h
Brand Saga: Swiggy's marketing trail to IPO
Swiggy’s journey from a food delivery app in 2014 to a 2024 IPO is a tale of growth, creativity, and connection. Swiggy is ...
The Financial Express
11h
Swiggy shares under pressure after lock-in period expires- Premium membership launch fails to lift investor sentiment
The recent dip in Swiggy’s stock also coincides with the end of its mandatory lock-in period on December 11, which freed up 6 ...
10h
on MSN
Zomato QIP, Swiggy IPO to Reliance Industries: Where did mutual funds invest most in November?
November saw mutual funds allocate ₹26,400 crore to stocks, with Zomato and Swiggy leading investments. However, mutual funds ...
MediaNama
7d
Swiggy reports 17.1 Million active users, 230 Million orders in first earnings release post IPO
Swiggy also saw an increase in the number of orders on the platform by 16.52% going from 192 million in Q2FY24 to 230 million ...
The Financial Express
9h
Mobikwik IPO GMP rises over 17% in 6 days; issue subscribed over 11 times
Mobikwik IPO's GMP jumps over 17%, subscribed 11 times: Experts consider investing for long-term growth in the issue.
21h
India IPO share sales rise to record in 2024, growing about 3-fold from last year on upbeat investor appetite
Investors purchased a record ₹ 1,34,345 crore of shares in initial public offerings so far in 2024, as 76 companies including ...
5d
Swiggy vs Zomato: Why the current valuation difference cannot sustain
The Swiggy IPO brought into focus its slower growth compared to Zomato, with Q1 FY25 year-on-year (y-o-y) revenue growth of ...
1d
MobiKwik's $67 mln India IPO overbought on first day as retail investors swoop in
Indian digital payments firm MobiKwik's ONEM.NS 5.72 billion-rupee ($67.4 million) initial public offering (IPO) was fully subscribed within the first hour of sale on Wednesday, as investors bet on ...
2d
Swiggy share price jumps 6% as CLSA initiates ‘outperform’ rating on the stock, sees 32% upside
CLSA has initiated an ’outperform’ rating on Swiggy stock with a target of ₹708, suggesting a 32% upside. Following the ...
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