Market News
3 min read | Updated on November 11, 2024, 16:18 IST
SUMMARY
Swiggy IPO allotment status: Investors are keen to know the status of the Swiggy IPO share allotment, which will likely be finalised on Monday, November 11. They can check the status on the websites of the NSE, the BSE, and the registrar, Link Intime India Pvt Ltd.
Swiggy Ltd launched its food delivery business in 2014 and expanded into quick commence in 2020.
Swiggy IPO allotment status: After the conclusion of the subscription window, the focus now shifts to Swiggy IPO allotment status, which is likely to be finalised on Monday, November 11. Investors who applied for the food aggregator's initial share sale can visit the BSE, the NSE or registrar Link Intime India websites to check the allotment status.
The initial public offering was subscribed 3.59 times during the November 6 to November 8 subscription period.
Investors can also check Swiggy IPO allotment status on the BSE website.
Successful investors who were allotted shares can expect them to be credited to their Demat account on Tuesday, November 12. The Swiggy IPO listing date on the NSE and the BSE is Wednesday, November 13.
Swiggy Ltd is the major player in the hyperlocal commerce space in India. The company launched its food delivery business in 2014 and expanded into quick commence in 2020. Food delivery services are provided under Swiggy, household items under Instamart, pick-up and drop-off services under Genie, dinner reservations under Dineout, hyperlocal commerce under Swiggy Minis, and event bookings under SteppinOut.
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