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Swiggy IPO Day 2 Sees Modest Subscription Rate of 0.35x with Mixed Investor Interest – Read Here! 

Swiggy Limited IPO Day 2 subscriptions saw QIBs at 0.28x, NII at 0.14x, RIIs at 0.84x, and Employees at 1.15x, an overall rate of 0.35x.
Swiggy IPO Day 2 Sees Modest Subscription Rate of 0.35x with Mixed Investor Interest – Read Here! 

Swiggy Limited IPO experienced modest Day 2 subscription figures, with Qualified Institutional Buyers (QIBs) at 0.28 times, Non-Institutional Investors at 0.14 times, Retail Individual Investors (RIIs) at 0.84 times, and Employees at 1.15 times, leading to an overall subscription rate of 0.35 times.

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Swiggy Limited IPO Subscription Status

Swiggy Limited IPO saw a 0.12x overall subscription rate on its first day, driven by no demand from Qualified Institutional Buyers and Non-Institutional Investors demand at 0.06x. However, Retail Individual Investors subscribed at a higher rate of 0.54x, while employee participation remained modest at 0.74x, reflecting cautious investor sentiment.

How to check Swiggy IPO Subscription Status?

Steps to check Swiggy Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Swiggy Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Swiggy Limited IPO Allotment Status

The allotment date for the Swiggy Limited IPO is set for November 11, with shares priced from ₹371 to ₹390 per share and a face value of ₹1. The offering consists of lots of 38 shares, with bids accepted for these lots or their multiples.

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Swiggy Limited IPO Listing Date 

Swiggy IPO Limited IPO is expected to be listed on the NSE SME on November 13, 2024.

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