Swiggy sets IPO price band between Rs 371-390 per share

Food and grocery delivery platform Swiggy is set to price its upcoming IPO in the range of Rs 371-390 per share, according to sources. At the upper end, this pricing would peg the SoftBank-backed company’s valuation at $11.3 billion. Swiggy is expected to file its red herring prospectus with SEBI later today.