Swiggy IPO Allotment Status Today
The Swiggy IPO allotment status will be available today. With investors eagerly awaiting the allotment, here’s a guide on how to check your Swiggy IPO allotment status online through platforms like Link Intime, NSE, and BSE.
Key Details on Swiggy IPO Allotment
- Allotment Date: Swiggy IPO allotment is confirmed for today, with listings on November 13.
- How to Check Allotment: Investors can check their Swiggy IPO allotment status through Link Intime, NSE, or BSE’s official sites.
- IPO Allotment Link: Visit Link Intime and enter your PAN, application ID, or DP ID to check Swiggy IPO allotment status.
- Listing Date: Swiggy shares are expected to list on the stock exchanges on November 13.
How to Check Swiggy IPO Allotment Status
To view your Swiggy IPO allotment status online, follow these steps:
- Visit Link Intime: Go to the Link Intime IPO allotment page.
- Enter Details: Fill in your PAN, application number, or DP ID to access allotment status.
- NSE/BSE Option: You can also check allotment status on NSE or BSE by entering your PAN and application details.
Also Read : Jio IPO 2025: A New Era for India’s Financial Markets
Swiggy IPO: Financial Background and Market Position
Swiggy has grown its Monthly Transacting Users (MTU) base significantly, reaching over 112.7 million users. This rapid expansion has positioned Swiggy as a key player in India’s food and quick-commerce markets. For FY24, Swiggy reported revenue of ₹11,247 crore, with losses around ₹2,350 crore. While Swiggy continues to grow its user base and revenue, profitability remains a challenge. Investors and analysts are closely monitoring Swiggy’s IPO listing on November 13 to gauge future financial performance.
Swiggy IPO Subscription Status and Market Sentiment
The Swiggy IPO received high interest from investors, driven by Swiggy’s rapid growth and market position. The IPO subscription status shows a strong interest from retail and institutional investors alike. The grey market premium for Swiggy IPO shares has been fluctuating, reflecting cautious optimism about the stock’s potential.
Key Considerations for Swiggy IPO Investors
- Financial Growth vs. Profitability: Swiggy has seen strong revenue growth but remains unprofitable. Investors should consider the company’s plans for profitability.
- Use of Funds: Proceeds from the IPO will be used for tech upgrades, logistics, and brand expansion.
- Competitive Landscape: Swiggy competes with Zomato, Amazon, and other delivery players, which may impact long-term market share.
Swiggy IPO allotment status is accessible online today. Investors interested in Swiggy’s growth potential should check the allotment through Link Intime, BSE, or NSE and track the upcoming listing date on November 13.
FAQs on Swiggy IPO Allotment
1. When is the Swiggy IPO allotment date?
The Swiggy IPO allotment was finalized on November 11, 2024.
2. How can I check my Swiggy IPO allotment status?
- Visit the registrar’s site (Link Intime).
- Enter your PAN, application ID, or DP ID.
- Check on NSE/BSE using your PAN or application details.
3. What are the Swiggy IPO listing details?
- Listing Date: November 13, 2024
- NSE Opening Price: ₹420 (7.7% premium)
- BSE Opening Price: ₹412 (5.64% premium)
4. How was the Swiggy IPO subscription received?
The IPO was oversubscribed 3.59 times, with QIBs showing the highest interest (6.02x subscription).
5. What was the IPO price range?
The price range was ₹371 to ₹390 per share.
6. What is the grey market premium (GMP) for Swiggy IPO?
The GMP fluctuated between ₹1 and ₹10, indicating cautious optimism.
7. What factors affect Swiggy’s stock performance?
- Revenue growth: ₹11,247 crore in FY24
- Losses: ₹2,350 crore in FY24
- Competitive landscape with Zomato and others
8. How does Swiggy plan to use IPO proceeds?
Funds will be allocated for tech upgrades, logistics, and brand expansion.
This format makes it easy for readers to quickly find answers to their specific queries.
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