The Rs 161.08 crore public offer received bids for 25,96,52,625 shares against 1,14,50,675 shares on offer, as per an update on the exchanges
The IPO comprises fresh issue of equity shares worth up to Rs 125 crore and an OFS of up to 12,878,389 equity shares
Radhika Gupta, MD and CEO, Edelweiss Asset Management Ltd, spoke about the metrics and points investors should take note of before investing in IPOs.
The IPO comprises fresh issuance of equity shares worth Rs 300 crore and an OFS of 89.22 lakh equity shares by promoter and existing shareholders
If good IPOs tap the market with an attractive valuation, leaving something for investors, we will see some record-breaking subscriptions, say experts
DIPAM has invited bids from merchant bankers and legal advisors for working on the proposed IPO
The issue opened for bidding on Tuesday (10 August 2021) and it will close on Thursday (August 12, 2021).
Swiggy had announced a Rs 9,345 crore ($1.25 billion ) fundraise in a round led by SoftBank Vision Fund 2 and Prosus last month
JM Financial Limited, BofA Securities India Limited, ICICI Securities Limited and IIFL Securities are the book running lead managers to the issue
IPO frenzy at its peak, but investors should be selective and not rush for every IPO