Swiggy sets IPO price at Rs 390; issue to open after Nov 6

BENGALURU: Foodtech company Swiggy has set the price for its upcoming initial public offering (IPO) at Rs 390 at the upper end of the band, sources told this newspaper.

Also, the IPO issue might open for subscription after November 6. The SoftBank-backed company’s valuation will stand at 11.3 billion dollars at the upper end of the price band.