Swiggy IPO opens on November 6: Here’s how GMP is faring ahead of opening

The unlisted shares of food delivery giant Swiggy are trading at a premium in the grey market as the company prepares for its initial public offering (IPO), scheduled to open on Wednesday, November 6, 2024. Grey market sources report that Swiggy’s shares, with a planned IPO size of Rs X crore, are currently priced at a Rs 25 premium—representing a 6.41 per cent gain over the IPO’s upper price band of Rs 390. Notably, Swiggy IPO grey market premium has dropped from Rs 130 recorded on October 28, 2024.