Swiggy plans to launch an IPO on Nov 6, with a price band of Rs 371-390, aiming to raise Rs 11,327 crore. The IPO values the company at $11.3 billion, with Rs 4,499 crore coming from fresh share issuance and Rs 6,828 crore through an offer for sale. Prosus and other investors are selling stakes, while SoftBank retains its shares.
Related Posts
Top stocks to buy today: Stock recommendations for March 5, 2025
- staff
- March 5, 2025
- 0
Stock market recommendations: Mehul Kothari from Anand Rathi Shares suggests buying Force Motors, GMR Airports, and Hindalco. Force Motors shows high relative strength and a […]
European central bank cuts interest rates amid looming trade war, growth concern
- staff
- March 6, 2025
- 0
The European Central Bank has cut interest rates by 25 basis points to 2.5% to boost economic activity in the eurozone. Amid low inflation and […]
Myntra joins Q-commerce rush with 30-minute deliveries
Myntra launches M-Now, a quick commerce service offering 30-minute deliveries of fashion and beauty products. Targeting young shoppers desiring instant gratification, M-Now leverages third-party dark […]