Swiggy IPO subscribed 3.59 times led by QIBs
Following a tepid start, food-tech unicorn Swiggy’s Rs 11,327-crore initial public offer got fully subscribed on the final day of the share sale on Friday and ended with 3.59 times subscription, largely thanks to qualified institutional buyers (QIBs).
It received bids for 575.3 million equity shares against 160 million shares on offer, according to NSE data.
