Swiggy to make 500 employees crorepatis after its IPO: Here’s how

After a successful Initial Public Offering (IPO) on Wednesday, popular food delivery aggregator Swiggy is set to turn nearly 500 of its employees into millionaires through its Employee Stock Ownership Plan (Esop). Swiggy’s shares debuted at Rs 420 on the National Stock Exchange (NSE), reflecting a 7.7% premium over the Swiggy IPO price of Rs 390. On the Bombay Stock Exchange (BSE), the stock opened at Rs 412, marking a 5.64% gain from the issue price.