Swiggy IPO Grey Market Premium Today, lot Size and Details

Dear investors check out here Swiggy IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Swiggy IPO GMP today is ₹11.

Swiggy IPO is open on Wednesday, November 6, 2024. and close on Friday, November 8, 2024. Swiggy’s IPO total issue size is 290,446,837 shares (aggregating up to ₹11,327.43 Cr), and Swiggy’s IPO price is ₹371 to ₹390 per share. The IPO will be listed on BSE and NSE—Swiggy IPO listing on Wednesday, November 13, 2024.

Swiggy IPO Date

• IPO Open Date: Wednesday, November 6, 2024
• IPO Close Date: Friday, November 8, 2024
• Basis of Allotment: Monday, November 11, 2024
• Initiation of Refunds: Tuesday, November 12, 2024
• Credit of Shares to Demat: Tuesday, November 12, 2024
• Listing Date: Wednesday, November 13, 2024
• Cut-off Time for UPI Mandate Confirmation: 5 PM on November 8, 2024

Swiggy Limited About

Swiggy Limited, founded in 2014, is a leading on-demand delivery platform in India, accessible through a single app for conveniently ordering food, groceries, and household items. Its core business areas include:

1. Food Delivery: Delivering restaurant food to customers’ doorsteps.
2. Out-of-Home Consumption: Supporting dining experiences with restaurant reservations (via Dineout) and event bookings (through SteppinOut).
3. Quick Commerce (Instamart): Fast delivery of groceries and household essentials.
4. Supply Chain & Distribution: B2B logistics services, including warehousing and distribution.
5. Platform Innovation: New offerings like Swiggy Genie for deliveries and Swiggy Minis for local commerce.

Swiggy offers a premium membership (Swiggy One) with exclusive discounts, in-app payments via Swiggy Money, Swiggy UPI, and a co-branded credit card with HDFC Bank. The company empowers its restaurant and merchant partners with analytics tools, fulfillment services, and delivery solutions to streamline their operations.

As of mid-2024, Swiggy’s Instamart service offered around 19,000 SKUs across 605 dark stores in 43 cities, catering to everyday and festive needs. Swiggy employs over 5,400 people, supporting its growth and expansion across India.

Swiggy IPO GMP Today Price | Gray Markets Price Today

Per the last update on November 06, 2024, at 10:00 AM, the latest GMP (Gray Markets Price) for Swiggy IPO is ₹11. The base price of the IPO is ₹390, with an estimated listing price of ₹401 (2.82%)(cap price + today’s GMP). This suggests an expected profit/loss per share of 2.82%.

Swiggy IPO GMP Today