Swiggy's IPO share allotment concludes today, with a muted grey market premium of Re 1 above the IPO price of Rs 390. The listing on BSE and NSE is scheduled for November 13. The IPO received a healthy subscription rate,

Swiggy sold its shares in the price band of Rs 371-390 apiece, which could apply for a minimum of 38 shares and its multiples thereafter to raise a total of Rs 11,327.43 crore.

Swiggy shares are expected to make a muted debut on Wednesday amid a weak trend in the grey market. The food delivery platform’s shares have seen a consistent decline in the grey market premium amid broader market concerns and apprehensions over the company’s path to profitability.

Swiggy is expected to finalize its IPO share allotment today, with its debut on the BSE and NSE scheduled for November 13. The IPO received a respectable three-fold oversubscription, and shares are currently trading at a slight premium in the unlisted market.

Swiggy’s IPO allotment results are expected today, with investors able to check their status online before shares are credited on November 13.

Those who subscribed to the maiden share sale by the food delivery and quick-commerce major can check their allotment status on the official website of the registrar, Link Intime India Private Limited, using their application number or PAN details. Swiggy IPO allotment status can also be checked on the BSE website.

Investors who placed bids for the issue will be able to find out the allotment status of their subscriptions on Monday. Individuals can check this on the official website of the registrar or BSE

Swiggy IPO is likely to list on November 13, but the company’s grey market premium has been on a downward spiral and is now barely a rupee higher than the issue price. On October 29, Swiggy was commanding a premium of Rs 25, or 6.4%, to the issue price.

Step 1: Click 'Public Issues' Step 2: Choose ‘Swiggy IPO’ from the issue name menu Step 3: Enter either PAN, IPO application number, DP/Client ID or bank account number and IFSC Step 4: Click the 'Submit' button Step 5: You can then see the share allotment status on your screen

Swiggy IPO Allotment Today: The basis of allotment for shares of the online food and grocery delivery platform Swiggy, as part of its IPO, is scheduled for today, Monday, November 11, 2024. The three-day subscription window for bidding on the Swiggy IPO ...

Investors who have bid for Swiggy IPO can check their allotment status online. They can log in to either the Bombay Stock Exchange (BSE) website or the website of Link Intime India Private Ltd, the registrar for the issue.