E-commerce platform Swiggy to make stock market debut

Swiggy is going public just like its competitor Zomato. It has geared up for its stock market debut on November 6th. The issue contains 29,64,248 shares worth Rs.11,327 crores. Among them, fresh issues are 11.54 crore and an offer for sale of 17.51 crore shares. The company has decided on a price band of Rs. 371- 390 with a minimum lot size of 38 worth Rs.14,098. Swiggy IPO will be open for subscription from 6 November 2024 till 8 November 2024. The share allotment will be finalized on 11 November.