Swiggy IPO opens on November 06: Here are 10 things to know, including price band, issue price, GMP, IPO allotment, listing date

Food and grocery delivery giant Swiggy is set to make its stock market debut next week with the launch of its initial public offering (IPO). Swiggy IPO is set to hit the Street on November 6 and the SoftBank-backed company plans to raise more than Rs 11,000 crore from the primary market.

Several prominent investors, including Norway’s sovereign wealth fund Norges and Fidelity, have reportedly placed bids worth more than $15 billion in the Swiggy IPO, 25 times the $605 million portion reserved for such investors.